Hydrogen Push: Top Green Hydrogen Producing Companies in India

The Mission will empower green hydrogen producers in India to produce green hydrogen without incurring any transmission costs for 25 years straight and various private companies have expressed their interest in investing in green hydrogen production and green hydrogen energy storage.

What is Green Hydrogen?

Green hydrogen is produced by renewable sources of energy like sunlight or wind to split water molecules into hydrogen and oxygen through a process called as electrolysis of water, Thus this process helps to generate hydrogen without the emissions of greenhouse gases.

Top Green Hydrogen Producing Companies in India:

1. Reliance Industries Limited 

Reliance Industries has announced plans to transition to green hydrogen production by 2025. Reliance Chairman Mukesh Ambani has unveiled the company’s plans to move away from grey hydrogen towards green energy. 

The company has also secured 14 Land parcels at Gujarat’s Deendayal Port Authority in Kandla to set up Green Hydrogen and Green Ammonia production units and is set to invest around 1 Lakh crore in green energy.

2. Adani Group 

It stands out as a leader in green hydrogen production in India, backed by significant investments in clean and renewable energy. Their subsidiary, Adani New Industries Ltd (ANIL), unveiled a partnership with TotalEnergies SE of France on June 14, 2022. 

This collaboration aims to spearhead the development of essential infrastructure for green hydrogen, covering production, storage, transportation, and distribution networks throughout the country.

3. NTPC 

NTPC has also initiated different projects for green hydrogen production, one involves setting up of green hydrogen filling station in Leh, the second involves blending green hydrogen with natural gas at one of its Gujarat plants and the third one involves producing hydrogen with carbon capture at its Madhya Pradesh Plant.

Export of Green Hydrogen

While boosting production capacity in India, the government has also commenced discussions regarding the potential export of green hydrogen to France, Italy, and Germany. 

In addition, India is also aiming to export green hydrogen to other European Union nations, including the Netherlands, Austria, and Sweden, Further, a National Green Hydrogen Mission report states that bilateral negotiations are “underway” for signing agreements with Japan, South Korea, and Singapore.

Conclusion

The future of the green hydrogen sector appears to be promising with key players like Adani and Reliance aiming to invest significant amounts in green hydrogen production and the Government also coming up with commendable missions and strategies to foster the Hydrogen Push in the country, It seems as a sector to watch out for.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.