INDIA’S GREEN HYDROGEN MOVE

  • India’s net zero – by 2070
  • By 2030 – 45% lower emission intensity of GDP
  • By 2030 – 1 billion reduction in cumulative emission
  • 500 GW/50% – through renewables
  • By 2047 – make India energy independent
  • $160 billion – average India spends annually on energy import
  • May go up to $320 billion in 15 years – without alternatives
  • Aim – to become cheapest green hydrogen hub by 2050
  • Aim – to become cheapest green hydrogen source globally – $1/kg by 2030
  • $8 billion – expected green hydrogen market in India by 2030
  • $340 billion – expected green hydrogen market in India by 2050
  • By 2050 – India’s expected share – 10% of the global green hydrogen demand

(GOI/NITI Aayog)

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