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Key Points

Union Minister Hardeep Singh Puri has declared hydrogen a crucial pillar for India's energy future. He detailed the country's ambitious plan to produce 5 million tonnes of green hydrogen annually by 2030. Puri highlighted strong global investor interest and falling production costs as positive signs. The minister also connected this vision back to Prime Minister Modi's initial announcement in 2021.

Key Points: Hardeep Singh Puri Says Hydrogen Key to India Energy Security

  • India aims for 5 million tonnes of green hydrogen production annually by 2030
  • Puri cites falling costs and competitive bids as signs of growing investor confidence
  • Green ammonia is highlighted as a critical export opportunity for India
  • The National Green Hydrogen Mission has an outlay of nearly Rs 20,000 crore
  • India achieved its biofuel blending targets years ahead of schedule
  • The vision was first laid out by PM Modi during his 2021 Independence Day speech
2 min read

Hydrogen not just fuel of future, but a key pillar of energy security, economic competitiveness: Puri

Union Minister Hardeep Singh Puri outlines India's green hydrogen ambitions, including a 5 MMT annual production target by 2030 and falling costs.

"Every electrolyser manufacturer in the world is coming here because they see potential - Hardeep Singh Puri"

New Delhi, September 25

Hydrogen is not just the fuel of the future but a key pillar of energy security, economic competitiveness, and environmental responsibility, said Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Thursday in the national capital.

Addressing an event titled World Hydrogen India organised by S&P Global Commodity Insights, the Union Minister Puri underlined the scale of ambition, reminding that India aims to produce 5 million tonnes of green hydrogen annually by 2030, backed by a robust policy framework and Rs 19,700 crore under the Production Linked Incentive (PLI) scheme.

"Every electrolyser manufacturer in the world is coming here because they see potential," he said.

Talking about the achievement of the adoption of biofuel blending, Puri said, "We set ourselves a target of biofuel blending of 10 per cent by 2020. And we achieved that five months in advance. Then we set ourselves, not 2020, I think 2022. Then we set up a 20 per cent target, I think by 2030. The first target we achieved five months in advance. The next target we achieved six years in advance."

Citing examples like Indian Oil's green hydrogen plant in Panipat and Tokyo Energy's competitive bids at Vizag, the minister noted how India's hydrogen production costs are steadily falling which is a sign of growing investor confidence and technology maturity.

He also pointed to Solar Energy Corporation of India's green ammonia tenders, calling green ammonia a "critical export opportunity" given its logistical advantages over natural gas.

The Union Cabinet approved the National Green Hydrogen Mission on 4th January 2023, with an outlay of Rs 19,744 crore.

The overarching objective of the Mission is to make India a Global Hub for production, usage and export of Green Hydrogen and its derivatives, by targeting production of 5 MMT per annum of Green Hydrogen by 2030.

Reflecting on India's ambitious green hydrogen journey, Puri highlighted that the vision first laid out by Prime Minister Narendra Modi on August 15, 2021, has rapidly evolved into a mission-mode national agenda.

From tender-driven price discovery and global competition to major green hydrogen and ammonia projects backed by state-run oil companies and private players, Puri said India is laying the groundwork for a self-reliant, export-ready green hydrogen economy.

- ANI

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Reader Comments

P
Priya S
Great initiative but I hope the benefits reach common people. Sometimes these big projects only help corporates. Hope they create local jobs and keep hydrogen affordable for Indian industries.
R
Rohit P
The biofuel blending achievement shows we can meet targets ahead of schedule! If we can replicate that success with hydrogen, India will become a global energy leader. Exciting times! 🚀
S
Sarah B
As someone working in renewable energy sector, I appreciate the focus on green ammonia exports. The logistical advantages over natural gas could give India a huge competitive edge globally.
K
Karthik V
While the vision is good, I'm concerned about water usage for hydrogen production. In a water-scarce country like India, we need to ensure this doesn't create new environmental problems.
M
Michael C
The fact that global electrolyser manufacturers are coming to India speaks volumes about our market potential. This could be our solar revolution moment but with hydrogen!
N
Neha E
Hope they involve Indian startups and MSMEs in this mission. Big companies alone cannot drive innovation. We need to create an ecosystem that supports small players too.

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