Top green hydrogen companies in India

As the world is marching towards cleaner energy solutions to mitigate the use fossil fuels on earth, it has become vital to switch to green and clean alternatives. After the recent UN Climate summit (COP 27) held in Egypt several nations have taken steps in this direction of making their respective countries green by adopting Green Hydrogen. India is no exception to it and has expressed its intention of producing five million tonnes of green hydrogen by 2030. The country has recently unveiled a policy in this regard, which enables the manufacturers to gather renewable resources like hydrogen and ammonia without incurring any transmission costs for 25 years straight.

In order to ramp up green hydrogen production in the country both public and private sector companies have started to participate in the race. The list of top ten green hydrogen companies in the country is given below:

Top 10 Green Hydrogen Companies in India

Reliance Industries Ltd (RIL)

RIL intends to invest over $10 billion for the setting up of the comprehensive ecosystem for new energy and new material in India. It plans to construct Dhirubhai Ambani Green energy Giga complex in Jamnagar, which will be set up in an area of about 5,000 acres. The company partners with Faradion, Lithium Werks, REC Solar Holding, and many others to ramp up green hydrogen production.

Gas Authority of India Limited (GAIL)

GAIL is planning to build India’s largest green hydrogen plant by the end of 2023 in the Guna region of Madhya Pradesh. It plans to set up a PEM-based project that will support the production of 4.3 tonnes (10MW capacity) of green hydrogen per day, which will be supplied to industries by mixing natural gas. This energy generation of 10MW is the largest in the country. This fuel can be sold to fertilizer units for their use.

National Thermal Power Corporation Limited (NTPC)

NTPC has decided to spread their operation to some green avenues as well by producing green hydrogen. A 240kW of solid oxide electrolyzer will be used to generate hydrogen using a floating solar project.

Indian Oil Corporation (IOC)

Indian Oil Corporation (IOC) has decided to adopt hydrogen fueling for at least a 10th part of their fossil fuel consumption. They have decided to set up their refineries in Mathura and Panipat. By 2025, they are targeting to achieve 5GW of renewable electricity generation.

Larsen and Toubro (L&T)

L&T has decided to set up its green hydrogen plant in the Hazira district of Gujarat. They plan to produce 45 kg of green hydrogen on a daily basis. This production area will generate power from the 990kW DC capacity and 500kW Battery Energy storage system. The process will include blending 15% hydrogen with natural gas. They have decided to achieve water and carbon neutrality by 2025 and 2030 respectively.

Adani New Industries Ltd (ANIL)

Adani New Industries Ltd has decided to spend over $50 billion in the coming decade to supplement their green hydrogen capacity. They have entered into a partnership with TotalEnergies of France in this regard. This new venture has decided to produce 1MT of green hydrogen annually by 2030.

JSW Steel

JSW steel has announced spending Rs. 10,000 crores in their renewable energy sector. JSW Energy a child company of JSW steel has partnered with an Australian company for working on the potential project. However, not a lot of details are revealed by the company but we hope to see them rising in the green sector.

Jindal Stainless

Jindal Stainless has partnered with Hygenco India Private Ltd. to set up plants of green hydrogen in the country. They plan to bring down the carbon emission by 2,700 MT per annum. With this initiative, they will become India’s first stainless company to achieve green hydrogen deployment.

Oil and Natural Gas Corporation Limited (ONGC)

ONGC signed an MoU with M/s Greenko ZeroC Private Limited (Greenko) to collaborate together and explore the green opportunities of making green hydrogen, green ammonia, and other derivatives of green hydrogen. This MoU will be valid for a period of two years during which Greenko a renewable energy company in India will assist ONGC in its green venture. This agreement supports the National Hydrogen Mission, with the goal of making India a center for green hydrogen on a worldwide scale.

Bharat Petroleum Corporation Limited (BPCL)

BPCL plans to set up a 5 MW electrolyzer in Ahemdabad and Aurangabad for the production of green hydrogen following a phased installation method. This green hydrogen will be blended with natural gas in the existing steel pipelines of the company. This gas will be used for commercial, industrial, and domestic purposes. It will help India reach its goal of producing 5 million tonnes of green hydrogen annually by 2030.