Top official: India may miss its 2030 green hydrogen production targets

A senior government official stated on Tuesday that some green hydrogen projects in India, which are geared towards export, will likely start later than initially planned, due to global policy uncertainty. This could delay the country's clean-fuel ambitions.

Santosh Sarangi said that the country expects to reach its original target of 5 MMTPA by 2032 and produce 3 million metric tons (MMTPA), green hydrogen, by 2030.

India is confident that it will continue to build a strong domestic market, despite the fact that Europe has delayed its decision on renewable energy targets.

The use of green hydrogen on large ships is also facing a bleak future, as a key milestone in global decarbonization for shipping has been delayed.

Sarangi, the renewable energy secretary, said that India aims to increase immediate demand in the shipping sector as well as methanol production.

He said that as part of the efforts to create a stable market for clean fuel, the Ministry is working with the Petroleum and Natural Gas Regulatory Board in order to offer additional tenders to refineries for green hydrogen.

Sarangi said the ministry of renewable energy is currently assessing the connectivity for clean energy project and will come up with tenders on the basis of that.

Last week, it was reported that the power ministry of the country had asked its renewable development agencies for them to guarantee viability in over 40 gigawatts without an actual purchaser.

Sarangi stated that the renewable energy ministry wants to make sure that projects without customers will be sorted out in advance. Sethuraman N R reported from Delhi, and Nivedita Battacharjee edited the article.

(source: Reuters)