Industrial body, India Hydrogen Alliance (IH2A), has set out to boost hydrogen development in the country, as it June 30 revealed its $360m 25/25 National Green Hydrogen Hub Development Plan.
Submitted to NITI Aayog and the Ministry of New and Renewable Energy, Government of India, the proposal lays out plans to create 25 National Green Hydrogen Projects and five National Hydrogen Hub by 2025.
Under the new plan, the country would see 25 green hydrogen projects spread across hubs developed in Gujarat, Karnataka, Mahrashtra, Kerala, and Andhra Pradesh, with a combined capacity of 150MW, producing up to 27,000 tonnes of green hydrogen per year.
Based of public finance support of $360m, the IH2A plan for the green hydrogen hubs and projects to be scalable, so they can grow to gigawatt-scale within three years.
Jill Evanko, CEO and President of Chart Industries, and founding member of the IH2A, said, “This is a blueprint of how the green hydrogen economy can be developed over the next three years in India.
“The estimated USD $360m public finance support in project development will help India quickly commercialise green hydrogen projects at scale in the region. Government support for hydrogen project development contributes to further investment from both global green climate investors and the private sector.”
Amrit Singh Deo, Senior Managing Director at FTI Consulting and Secretariat Lead of the IH2A, commented, “The 25/25 plan addresses immediate project development priorities by providing a pathway to first 150 MW that will help India learn, improve, collaborate and build scalable GW-scale green hydrogen projects in the 2025-30 period.
“It benefits government and industry decision makers so that they can commercialise green hydrogen in a focussed, cost-effective manner. The proposed public spends are a fraction of what other economies are spending.”
