National Green Hydrogen Mission 2030 targets and mixed hydrogen-related investments worthy $80 bn astatine consequence successful absence of nan acquisition obligations and request creation, says India Hydrogen Alliance.
Current greenish hydrogen task improvement is little than 1% of National Green Hydrogen Mission 5 cardinal metric tonnes target by 2030 and $80 cardinal hydrogen investments is astatine consequence without demand-side support, said India Hydrogen Alliance, an manufacture conjugation of hydrogen players.
In a general submission to nan authorities proposing Hydrogen Purchase Obligations (HPOs) and request broadside support for refineries and ammonia plants, nan India Hydrogen Alliance (IH2A) has projected 10% HPO for existing plants and 100% HPO for caller plants by 2030, to execute nan NGHM 2030 target of 1.5 MT greenish hydrogen for home usage successful India.
India’s installed electrolyser guidelines is presently little than 40 MW producing 10,600 cardinal tonnes per annum of greenish hydrogen, which accounts for little than 1% of NGHM 2030 target of 1.5 MMT for home consumption.
The confederation stated that HPOs are captious for gathering NGHM 2030 targets and protecting nan nationalist announced hydrogen-related investments successful excess of $80 cardinal successful India. According to IH2A, without HPOs and request support, planned hydrogen plants and proviso projects consequence becoming stranded assets.
IH2A has projected HPOs to switch existent grey hydrogen business offtake pinch greenish hydrogen, arsenic feedstock successful refinery and ammonia sectors, crossed 47 existing and projected plants successful India. The IH2A projected HPOs are divided into nan following:
Amrit Singh Deo, IH2A Secretariat lead said, “The authorities should see mandatory acquisition obligations to induce business home hydrogen offtake successful refineries and ammonia sectors to meet NGHM 2030 targets. Mandated HPOs tin replicate nan occurrence of RPOs from nan renewable power sector. Refineries and fertilisers should person a communal hydrogen usage and request roadmap to aggregate request and procure greenish hydrogen volumes of astatine slightest 10% till 2030.”
“Once HPOs are introduced, India tin look astatine nan Japan Contract-for-Difference (CfD) model to part-fund nan greenish hydrogen modulation by refinery and ammonia assemblage by 2030, and trim c emissions successful these 2 hard-to-abate sectors,” he said.
IH2A estimates that an further fund allocation for a $2 cardinal CfD framework, for refineries and fertilisers, tin support nan modulation of each existing refinery and fertiliser plants to 10% HPO offtake and each caller plants to 100% HPO offtake by 2030.
Published on: May 8, 2025 5:18 PM IST