India set to dominate global green hydrogen market
India could become the dominant global center for green hydrogen production thanks to its combination of affordable renewable power, supportive government policies and strong industrial infrastructure, according to former NITI Aayog chief Amitabh Kant. The country offers renewable electricity at rates between 4.60 and five rupees per kilowatt-hour, making hydrogen production highly competitive worldwide. The National Green Hydrogen Mission provides clear goals and regulatory certainty that attract investment, while existing refineries, pipelines and ports create a ready-made ecosystem for expansion.
Major contracts already demonstrate momentum. The Solar Energy Corporation of India has secured agreements for 450,000 tons of annual hydrogen output from companies like Reliance and Greenko, plus a 724,000-ton green ammonia tender serving 13 fertilizer facilities at a record-low 55.75 rupees per kilogram. Indian Oil Corporation and Bharat Petroleum have launched significant projects at Panipat and through partnerships with Singapore firms.
Challenges remain substantial but manageable through concessional financing, international certification standards and targeted workforce training programs. Domestic demand from steel, fertilizer and chemical industries will drive growth alongside export opportunities to markets like Europe and Japan seeking clean hydrogen imports.
