India is continuously reducing its dependence on fossil fuels and shifting towards green energy. Indian government’s mission is to generate five million tonnes of green hydrogen by 2030, they also announced the NATIONAL GREEN HYDROGEN MISSION through which they achieve carbon neutrality by 2070, aiming to address climate change risk. Check out the “Top Green Hydrogen Companies in India”, these companies are driving innovation and spearheading the adoption of green hydrogen technology, propelling India towards a more sustainable future.
The initiative will empower green hydrogen producers in India to generate green ammonia without bearing any transmission costs for a continuous period of 25 years. Additionally, they also aim to facilitate the gradual rollout of hydrogen fuel cells and fuel cell electric vehicle (FCEV) buses and trucks through a pilot program.
Top Green Hydrogen Companies in India
Here is the list of the Best Green Hydrogen Companies in India
1. Reliance Industries Ltd
Reliance Industries is one of the prominent players in grey hydrogen production companies in India. It has revealed its intention to shift towards green hydrogen production by the year 2025. Chairman Mukesh Ambani has announced the company’s strategy to move away from grey hydrogen in favor of renewable green energy sources.
The company’s mission is to reduce the production cost of green hydrogen to below USD 1/kg by the end of the decade. The company’s goal is to achieve a net-zero carbon emissions company by 2035.
2. Adani Group
ADANI Group is also one of the top green hydrogen companies in India. with heavy investments in green energy and renewable. A significant development came in June 2022, when Adani New Industries Ltd (ANIL) announced to partnership with TotalEnergies SE of France.
This collaboration involves a hefty investment of USD 50 billion in India over the next decade, aimed at establishing a robust ecosystem for green hydrogen production in India. ANIL has established an initial target of producing 1 million tons per annum of green hydrogen by the year 2030.
3. Bharat Petroleum Corporation Limited
BPCL intends to establish a 5 MW electrolyzer in Ahmedabad and Aurangabad for the production of green hydrogen, utilizing a phased installation approach. This green hydrogen will be integrated with natural gas.
The blended gas will then be utilized across various sectors including commercial, industrial, and domestic applications. They also invited bids for the project, anticipating significant interest from major players in water electrolyzer companies.
4. JSW Steel
JSW Steel is one of the top Green Hydrogen Companies in India. It is one of the India spending Rs. 10,000 crores in their renewable energy sector.
JSW Energy, a subsidiary of JSW Steel, is partnered with an Australian company to explore potential projects.
Bharat Petroleum Corporation Limited – BPCL is planning to establish a 5 MW electrolyzer in Ahmedabad and Aurangabad for producing green hydrogen through a phased installation method. The green hydrogen will be mixed with natural gas within the company’s existing steel pipelines. This blended gas will then serve various purposes including commercial, industrial, and domestic purposes.
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5. National Thermal Power Plant
It is one of India’s largest electricity producers. The company NTPC, has said they are planning to allocate approximately 5 GW of capacity in the green hydrogen and ammonia sector. The company’s mission is to target 60 GW in green portfolios by 2032.
The company has commenced three pilot projects to develop its hydrogen business. In a pilot project, NTPC is establishing a green hydrogen filling station in L’eh. Its mission is to operate hydrogen-based fuel cell buses there.
6. Larsen and Toubro
L&T has announced its decision to establish a green hydrogen plant in the Hazira district of Gujarat. The plant is projected to produce 45 kg of green hydrogen daily.
The process will involve blending 15% hydrogen with natural gas. Apart from this, its mission is to achieve water and carbon neutrality by 2025 and 2030.
7. Indian Oil Corporation
Indian Oil Corporation (IOC) is actively pursuing green hydrogen. The platform aims to incorporate hydrogen fueling for at least 10% of their fossil fuel consumption.
They also plan to establish their refineries in Mathura and Panipat. Additionally, by 2025, its mission is to achieve 5GW of renewable electricity generation.
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8. GAIL
GAIL is also one of the prominent Green Hydrogen Companies in India, they are also planning to create one of the biggest green hydrogen plants in India in Madhya Pradesh.
They are planning to set up a PEM-based project that will produce 4.3 tons (10MW capacity) of green hydrogen daily. They also sold their hydrogen fuel to fertilizer factories to run their operations.
9. Jindal Stainless
Jindal Stainless has collaborated with Hygenco India Private Ltd. to establish a green hydrogen plant. They aim to reduce carbon emissions by 2,700 metric tons per year.
Through this initiative, they will become India’s first stainless steel company in India which achieves green hydrogen.
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Conclusion
The green hydrogen sector in India is booming and there are lots of companies entering the market. There are lots of companies entering the market which is focusing on their production and technology. These companies are using technology and government support.
Frequently Asked Questions (FAQs)
What is Green hydrogen?
Green hydrogen is a hydrogen that is produced by the electrolysis of water, using renewable electricity.
What is the future of Green hydrogen in India?
According to a report, the production of green hydrogen will reach 5 million metric tons per annum.
Which are the Top Green Hydrogen Companies in India?
Reliance Industries Ltd, Adani Group, BPCL, National Thermal Power Plant, Larsen and Toubro, Indian Oil Corporation, GAIL, and JSW Steel are the Top Green Hydrogen Companies in India.
