India plans to manufacture around five million tonnes of green hydrogen per annum by 2030 according to the power ministry.
Solar and other forms of renewable energies are now available at cheaper rates in India, making producing green energy a cheaper and climate-sensitive decision.
Green hydrogen energy models are substituting coal in the steel industry. With shortages of coal across the country the demand for green hydrogen might increase.
Green Hydrogen is expected to capture the fertiliser production to substitute natural gas.
Customers of green hydrogen arise from various industries. Steel, Fertilisers, Transport, retail consumption etc. India has the highest growth in demand for energy resources and green hydrogen has the potential to meet the market needs.
Industrial Gas (IG) companies have core competencies in managing networks, distribution, providing storage, liquefaction technology, and the ability to sell oxygen that will be generated along with hydrogen and backup supply.
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