New Delhi, Oct 8
Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday that India’s Hydrogen Age has begun, with the country targeting 5 million metric tonnes of green hydrogen production by 2030, which will constitute a 10 per cent share of the global market.
Puri said that the price of green hydrogen is expected to fall below $3 per kg from $3.5 a kg at present.
Public sector power sector giant NTPC’s state-of-the-art Green Hydrogen Hub Project at Pudimadaka near Visakhapatnam in Andhra Pradesh is being set up with an investment of Rs 1.85 lakh crore as part of the government’s big push to clean energy.
The NGEL Green Hydrogen Hub project will include investment in 20 GW renewable energy capacities, making it one of India’s largest integrated green hydrogen production facilities with a capacity of producing 1,500 TPD Green Hydrogen and 7,500 TPD Green Hydrogen derivatives.