New Delhi: Public Sector Undertakings (PSUs) in India have set a target to produce over 1 million metric tonne (MMT) of green hydrogen by 2030, Petroleum minister Hardeep Singh Puri said at the International Conference on Green Hydrogen (ICGH-2023) on Friday. “The PSUs are focussed on ensuring a Hydrogen based economy.
They have targeted to produce more than 1 MMT of Green Hydrogen by 2030. The global demand for hydrogen is expected to reach 200 million tons by the same time, basis the IEA report," added Puri.
The three-day conference, organized by the ministry of new and renewable energy in collaboration with the ministry of petroleum and natural gas, council of scientific and industrial research, office of the principal scientific advisor to the government of India, and the confederation of Indian industry, aimed to foster discussions on green hydrogen production and align with global advancements in technology, applications, policy, and regulation. Puri emphasized the urgent need to transition to renewable energy and commended India’s position as the fourth-largest country in terms of installed renewable energy capacity.
He cited the country’s abundance of solar energy, investments in the power grid, suitable climate, and strong supply chain as key advantages for green hydrogen production. The petroleum minister also said that several review meetings at Industry level are regularly being undertaken for finding out ways to boost the hydrogen production capacity in India.
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