Corporates are making a beeline for green hydrogen

For India Inc, green hydrogen is now the buzzword as companies are making a beeline for its production, starting with for their captive uses, riding on favourable policy tailwinds and attempts to become carbon neutral.

Now at a nascent stage, commercial production plants of green hydrogen are operational in Hazira, Jorhat and Bikaner with a combined capacity of 200 tonne per annum (TPA). The government plans to increase it to 5 million TPA (MTPA) by 2030, and multiple projects planned by various public sector units and conglomerates would bring in significant capex by 2030.