India H2 Monitor – December 2024

Green Fuels Hubs for Green Hydrogen & Derived eFuels Report Launch: ‘Low-Carbon eFuels & Heavy Duty Transport Decarbonization Report 2025-2030’ has recently been released by the India Hydrogen Alliance (IH2A). The report identifies Low-Carbon Coastal Shipping, running on Green Methanol or Green Ammonia, and Sustainable Aviation Fuel (SAF)-powered aviation, to be key drivers of low-carbon eFuels in India in the 2025-2030 period; making case for India to build Low-Carbon eFuels Hubs and Low-Carbon Heavy Duty Transport Corridors along India’s East and West Coast. Link POLICY & MARKET DEVELOPMENTS
  • NTPC Signs an MoU with GRIDCO to establish green hydrogen fuelling station: NTPC, the state-owned power producer, has signed a Memorandum of Understanding (MoU) with GRIDCO, a Government of Odisha energy enterprise, and Capital Region Urban Transport (CRUT), the public transit agency of the Odisha government, to advance green energy technologies in the state. NTPC will establish a green hydrogen fuelling station in Bhubaneswar and introduce hydrogen-powered buses for both short and long-haul operations. The Ministry of New and Renewable Energy (MNRE) has partially supported the project in Bhubaneswar. Link
  • Gentari secures power deal with AMG Ammonia for Green Hydrogen projects: Gentari has signed a long-term power purchase agreement with AM Green Ammonia India to supply 650 MW of carbon-free, round-the-clock power for its green ammonia facilities. Gentari will install 2.4 GWp of renewable energy capacity (solar and wind) and 350 MW/2100 MWh of energy storage in Andhra Pradesh and Karnataka. AMG Ammonia is aiming 5 million ton per year green ammonia capacity by 2030, contributing 1 MTPA of green hydrogen, representing 20% of India’s green hydrogen target and 10% of Europe's import goal. Link
  • 14 bidders compete for green hydrogen’s $651 mn incentives: 14 firms submitted their bids under the green hydrogen transition scheme which offers maximum benefits under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-II) of $651 mn. The Solar Energy Corporation of India (SECI) opened technical bids for green hydrogen production incentives under the second tranche, with a total capacity of 4,50,000 tonnes. Link
  • Oriana Power signs MoU with Rajasthan Government: Oriana Power Ltd signed a Memorandum of Understanding (MoU) with the Rajasthan government at the Rajasthan Global Summit 2024, committing to invest $1.2 billion in a range of projects, including solar, floating solar, green hydrogen, and energy storage solutions. The company has identified six potential locations for these projects, including Bikaner, Churu, and Phalodi districts. Link
  • Government plans green hydrogen expansion with new standards and tranches: The Ministry of New and Renewable Energy (MNRE) plans to issue more tenders for green hydrogen production and its derivatives in 2025, according to Union Minister Pralhad Joshi. Two bidding tranches have been completed for 3,000 MW per year electrolyser manufacturing capacity. The government is encouraging states to release their own green hydrogen policies for additional incentives and land availability. Link
  • NTPC Green's $3.6 bn project to power India's first green hydrogen hub: State-owned NTPC Green Energy Ltd is planning to build a $3.6 billion transmission network to support its upcoming green hydrogen hub in Andhra Pradesh, India. This 20 GW capacity network, separate from the national grid, will initially connect NTPC's solar project in Anantapur to India's first hydrogen hub in Pudimadaka. The hub, spanning 1,600 acres, is expected to produce 1,500 tonnes of green hydrogen daily. NTPC Green aims to complete the network by 2032. Link
  • Ashoka Buildcon to invest $1.1 bn in green hydrogen plant in Bihar: Ashoka Buildcon, a construction engineering company based in Maharashtra, plans to invest $1.1 billion USD in setting up a green hydrogen plant in Bihar. The company signed a memorandum of understanding with the Bihar government during the Bihar Business Connect 2024. The project will include a 1,250 MW solar power plant to generate clean electricity for producing green hydrogen through water splitting. Link
GLOBAL DEVELOPMENTS
  • Dubai Green Hydrogen project supports UAE’s low-carbon ambitions: Dubai's green hydrogen project, launched by the Dubai Electricity and Water Authority (DEWA) in collaboration with Siemens Energy and Expo 2020 Dubai, has generated over 1 GWh of green energy since May 2021, significantly reducing CO2 emissions by nearly 450 tons. The project employs electrolysis powered by renewable energy to produce approximately 20 kg of hydrogen per hour, serving as a testing platform for hydrogen applications in various sectors. Link
  • Hydrom and Thyssenkrupp ink MoU to expand Green Hydrogen sector in Oman: Hydrogen Oman (Hydrom) and Thyssenkrupp Nucera have signed an MoU to support Oman’s growing green hydrogen sector, focusing on localising production and creating service hubs for water electrolysers. Hydrom, the national orchestrator of Oman’s green hydrogen strategy, has allocated over 2,300 sq km of land for large-scale production. The HYPORT Duqm project, a collaboration between DEME, OQ, and bp, aims to produce green hydrogen and ammonia, starting with 1.3 GW capacity in 2031. Link
  • BP takes major step in energy transition with Lingen Green Hydrogen project: BP has approved the final investment decision (FID) for the Lingen Green Hydrogen project in Germany. The plant will be BP’s largest green hydrogen production facility, with a capacity of up to 11,000 tons of hydrogen annually. This green hydrogen will support decarbonization efforts, primarily within BP’s refineries and industrial customers in the region. Link
  • Mexico govt to receive fund for 18 clean hydrogen projects : The Mexican Association of Hydrogen, Storage, and Sustainable Mobility (AMH2), in partnership with Mexico’s Ministry of Energy (SENER), is funding 18 clean hydrogen projects aimed at reducing greenhouse gases and fostering a green hydrogen industry in the country. The initiative involves a $21 billion investment and aims to create 3 million jobs by 2050. Link