India to supply 11MMT green hydrogen to EU, Singapore
POWER & RENEWABLE ENERGY

India to supply 11MMT green hydrogen to EU, Singapore

India has considered the possibility of supplying more than 11 million metric tons of green hydrogen per year to the European Union and Singapore, who would then invest in these Indian clean energy projects.

New Delhi is considering bilateral agreements that would allow countries to use carbon credits associated with the production of green hydrogen, which is produced using renewable energy.

India and the EU discussed green hydrogen agreements for 10 million metric tons per year, under which corporations in the EU might invest in Indian projects and collect carbon credits.

Singapore hopes to obtain 5 million metric tons of green ammonia per year through similar bilateral partnerships, which is equivalent to another 1-1.5 million metric tons of green hydrogen per year.

Green ammonia, which is commonly used to carry fuel, is a green hydrogen derivative.

Indian renewable enterprises such as Avaada Group, Renew Power (RENE.BO), and ACME Group attended meetings organized by the Indian government.

"The bilateral agreements being discussed with the EU and Singapore present a significant business opportunity for Indian Green Hydrogen manufacturers," Avaada Chairman Vineet Mittal said.

Reliance Industries (RELI.NS), Indian Oil (IOC.NS), and Adani Enterprises (ADEL.NS) all have major aspirations for green hydrogen.

Countries all across the world are looking to hydrogen to accelerate the transition away from fossil fuels in order to combat global warming.

Last year, India attempted to advance its ambitions to become a major green hydrogen exporter by approving a Rs 174.9 billion rupee ($2.13 billion) incentive plan with a target of producing 5 million tonnes of green hydrogen by 2030.

See also:
Draft roadmap released for R&D for green hydrogen
Torrent Power implements green hydrogen pilot project for CGD network


India has considered the possibility of supplying more than 11 million metric tons of green hydrogen per year to the European Union and Singapore, who would then invest in these Indian clean energy projects. New Delhi is considering bilateral agreements that would allow countries to use carbon credits associated with the production of green hydrogen, which is produced using renewable energy. India and the EU discussed green hydrogen agreements for 10 million metric tons per year, under which corporations in the EU might invest in Indian projects and collect carbon credits. Singapore hopes to obtain 5 million metric tons of green ammonia per year through similar bilateral partnerships, which is equivalent to another 1-1.5 million metric tons of green hydrogen per year. Green ammonia, which is commonly used to carry fuel, is a green hydrogen derivative. Indian renewable enterprises such as Avaada Group, Renew Power (RENE.BO), and ACME Group attended meetings organized by the Indian government. The bilateral agreements being discussed with the EU and Singapore present a significant business opportunity for Indian Green Hydrogen manufacturers, Avaada Chairman Vineet Mittal said. Reliance Industries (RELI.NS), Indian Oil (IOC.NS), and Adani Enterprises (ADEL.NS) all have major aspirations for green hydrogen. Countries all across the world are looking to hydrogen to accelerate the transition away from fossil fuels in order to combat global warming. Last year, India attempted to advance its ambitions to become a major green hydrogen exporter by approving a Rs 174.9 billion rupee ($2.13 billion) incentive plan with a target of producing 5 million tonnes of green hydrogen by 2030. See also: Draft roadmap released for R&D for green hydrogen Torrent Power implements green hydrogen pilot project for CGD network

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code