India’s green hydrogen push stalls; Report says 94% projects stuck at announcement stage, demand remains weak

India’s green hydrogen ambitions are faltering due to slow project commissioning, driven by inadequate infrastructure and unclear demand signals, a report by the Institute for Energy Economics and Financial Analysis said.

Despite strong investor interest, 94% of the country’s planned green hydrogen capacity remains at the announcement stage, the US-based energy think tank said in the note, due to higher costs as one of the main deterrents for buyers.