India is looking to build itself as an export hub of green hydrogens and calls for removing trade barriers to the promising green fuel.
India is hosting the first International Conference on Green Hydrogen in New Delhi from July 5 to July 7. The Economic Times and PTI reported that R K Singh, union minister of Power, New and Renewable Energy, said in the remarks that India will help other countries develop green hydrogen projects.
Singh added that India wants to partner with the world for green hydrogen, and if other countries put up trade barriers, India can also put up barriers. PTI quoted Singh saying that he believes the type of barriers is ridiculous, with one region saying that the distance between the point of generation of renewable energy and the location of electrolyzers should not be more than 500 kilometers.
On the other hand, Reuters quoted sources saying that India has begun holding talks with EU countries to supply 10 million metric tons of green hydrogens, and the importers can invest in clean energy projects in India.
The Ministry of New and Renewable Energy of India unveiled the National Green Hydrogen Mission in January 2023. According to the mission, India plans to build capacities to produce at least 5 million metric tonnes of green hydrogen annually by 2030, with the potential to reach 10 million metric tons per year with the growth of export markets.
India's major conglomerates are investing in green hydrogens. Adani Group, which plans to build a 5GW hydrogen electrolyzer factory, announced a partnership with Cavendish Renewable Technology in developing green hydrogen electrolyzer technologies in December 2022. Reliance Industries said it was looking to produce green hydrogen by 2025 at its 45th annual general meeting held in August 2022.
