The Indian Ministry of New and Renewable Energy (MNRE) is considering imposing green hydrogen consumption obligations on fertiliser producers and petroleum refiners between the fiscal years 2023-2024 and 2029-2030. The country intends to increase the penetration of domestic green hydrogen in sectors, which import natural gas and ammonia to produce hydrogen. India’s hydrogen consumption reaches 5-6 Mt/year.
Earlier in 2021, Reliance Industries and Chart Industries launched the India H2 Alliance (IH2A) to build the hydrogen economy and supply chain in India. The IH2A now includes JSW Steel, CSIR-National Chemicals Laboratory, Scottish Development International and the think tanks TERI, CEEW and WRI India. National thermal power generation company NTPC is also betting on hydrogen and has signed a Memorandum of Understanding with Siemens to produce green hydrogen. Finally, Indian Oil Corporation (IOC) is also planning to set up hydrogen production plants in its refineries.
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