Indian gov’s green hydrogen production requires huge investment

Government’s ambitious goal to develop a substantial 15,000 MW electrolyser manufacturing capacity for green hydrogen production will require an investment ranging from ₹30,000 to ₹45,000 crore. The significant financial undertaking highlights the scale of government’s commitment under its national green hydrogen mission. Additionally, the government has allocated ₹12,500 crore in incentives to support the capacity expansion over the next five years.

The SIGHT (Strategic Interventions for Green Hydrogen Transition) programme, which is central to India’s green hydrogen initiatives, is already showing notable progress. Through a transparent and competitive tendering process, approximately fifteen companies have been chosen to build this 15,000 MW capacity.

The initial success suggests a broader trend of accelerated growth in India’s green hydrogen sector. Many companies are now eager to establish larger facilities than originally planned, driven by the sector’s significant potential.