• Upstream
  • Pipelines & Transport
  • Downstream
Saturday, July 19, 2025
Oil&Gas Advancement
  • Home
  • News
    Snam GTSOU Sign MoU to Boost Italy Ukraine Gas Markets

    Snam, GTSOU Sign MoU to Boost Italy-Ukraine Gas Markets

    Naftogaz, Baker Hughes Signs MOU to Boost Ukraine Energy

    Naftogaz, Baker Hughes Signs MOU to Boost Ukraine Energy

    SEFE-ADNOC-Gas-Deal Expands LNG Supply for Europe Energy

    SEFE, ADNOC Gas Deal Expands LNG Supply for Europe Energy

    Canada Broadens Outlook to be LNG Exporting Superpower

    Canada Broadens Outlook to be LNG Exporting Superpower

    Turkey Hikes Natural Gas Prices

    Turkey Hikes Natural Gas Prices Amid Budget Pressures

    Indonesia and Saudi

    Indonesia and Saudi Sign $27B Oil and Gas Investment Deals

    Oil Prices Surge 3 Percent

    Oil Prices Surge 3 Percent Amid Iran Move and US deal

    Germany Allows Drilling in North Sea Protected Marine Zone

    Germany Allows Drilling in North Sea Protected Marine Zone

    Crude Oil Prices Rise Ahead

    Crude Oil Prices Rise Ahead of OPEC Production Update

  • Projects
    South Africa Proposes

    South Africa Proposes US LNG Purchase Deal for 10 Years

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    UAE Energy Investments in the US

    UAE Energy Investments in the US to Reach $440B by 2035

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Future-proofing-gas-sector

    Future-proofing Gas Sector for Efficiency and Sustainability

    South-Africa-Oil-and-Gas-Exploration

    South Africa Speeding-up its Oil and Gas Exploration

    Upstream-Exploration

    High-Risk Geographies in Upstream Exploration and Challenges

    Offshore-Drilling

    Innovations Driving the Future of Offshore Drilling

    Gato-do-Mato

    Shell Approves Gato do Mato Project in Brazil

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

    Engine No. 1, Chevron And GE Vernova To Power U.S. Data Centers

  • Market Reports
    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

    CNOOC

    Petrobras achieves second highest profit in history in 2023: R$ 124.6 billion

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result

India Intends To Invest $2 Bn In Green Hydrogen Business

Share on FacebookShare on Twitter

According to three sources cited by Reuters, India is developing a $2 billion incentive scheme for the green hydrogen industry in an effort to reduce emissions and establish itself as a major exporter in the sector.

As per a senior government official and an industry manager involved in renewable energy, the 180-billion-rupee ($2.2 billion) incentive intends to cut the cost of producing green hydrogen by a fifth over the following five years. They claimed that it would accomplish this in part by expanding the industry’s size.

The manager reported that the price per kg is currently between 300 and 400 rupees in India. Incentives worth billions of euros have already been approved by the US and the EU for green hydrogen projects.

One can burn hydrogen as fuel. It is created using the electrical process of electrolysis, which splits water. The result is known as green hydrogen, a fuel free of greenhouse gases, if the electrolysers that accomplish that are fueled by renewable energy. According to the government official, the Indian help could be disclosed in the budget released on February 1 for the fiscal year starting on April 1.

Green hydrogen is a major focus for Indian businesses including Reliance Industries, Indian Oil, NTPC, Adani Enterprises, JSW Energy, as well as Acme Solar.

The third-richest person in the world, Gautam Adani, and France’s TotalEnergies announced in June that they will work together to build the biggest green hydrogen ecosystem in the world. According to the industry manager and another government official, the Indian government anticipates that by 2030, businesses will commit 8 trillion rupees in green hydrogen and its derivative, green ammonia. Green ammonia is produced by fusing nitrogen with hydrogen using renewable sources of energy. It can be used as a fuel or a practical way to move hydrogen in the fertiliser sector.

According to the manager and second official, the green hydrogen proposal will likely be known as Strategic Intervention for Green Hydrogen Transition (SIGHT) and will be divided into 45 billion rupees for electrolyte production over five years and 135 billion rupees for green hydrogen as well as green ammonia production for three years.

The incentive for producing green hydrogen will likely be 50 rupees per kg for three years. An industry official stated that India wants to sell 70% of its production to nations like South Korea, Japan, and the European Union, adding that derivatives like green ammonia have an equally strong demand.

According to various industry sources, the government forecasts that the need for green hydrogen would increase from slightly under 75 million tonnes in the present to more than 100 million tonnes by the year 2030. By 2030, India’s government intends to produce 5 million tonnes of green hydrogen annually, a goal that might increase depending on global demand, according to plans unveiled in February.

The country’s manufacturing capacity for electrolysers is expected to reach 15 gigawatts by 2030, based on the government’s projections. It would be almost ten times the present global capacity. The first green hydrogen factory in India has been put into operation in Bengaluru by a U.S. company called Ohmium International. Gigawatt-scale facilities will be built, according to plans revealed by Reliance Industries, Larsen & Toubro, Greenko, and H2E Power last year.

Each year, India’s steel, fertiliser, and oil refineries consume 5 million tonnes of grey hydrogen, or hydrogen derived from natural gas. CO2 is created throughout the process. Due to rising gas prices, Indian grey hydrogen now costs roughly 200 rupees per kg, up from 130 rupees a year ago.

Previous Post

Aramco and TotalEnergies to build petrochemical complex in Saudi Arabia

Next Post

New Global Oil And Gas Exploration Bid Round Begins In Egypt

Related Posts

Snam GTSOU Sign MoU to Boost Italy Ukraine Gas Markets
News

Snam, GTSOU Sign MoU to Boost Italy-Ukraine Gas Markets

July 17, 2025
Naftogaz, Baker Hughes Signs MOU to Boost Ukraine Energy
News

Naftogaz, Baker Hughes Signs MOU to Boost Ukraine Energy

July 16, 2025
SEFE-ADNOC-Gas-Deal Expands LNG Supply for Europe Energy
Europe

SEFE, ADNOC Gas Deal Expands LNG Supply for Europe Energy

July 15, 2025
Canada Broadens Outlook to be LNG Exporting Superpower
News

Canada Broadens Outlook to be LNG Exporting Superpower

July 11, 2025
Turkey Hikes Natural Gas Prices
Gases

Turkey Hikes Natural Gas Prices Amid Budget Pressures

July 11, 2025
Indonesia and Saudi
News

Indonesia and Saudi Sign $27B Oil and Gas Investment Deals

July 10, 2025
Next Post

New Global Oil And Gas Exploration Bid Round Begins In Egypt

Snam GTSOU Sign MoU to Boost Italy Ukraine Gas Markets
News

Snam, GTSOU Sign MoU to Boost Italy-Ukraine Gas Markets

July 17, 2025
Naftogaz, Baker Hughes Signs MOU to Boost Ukraine Energy
News

Naftogaz, Baker Hughes Signs MOU to Boost Ukraine Energy

July 16, 2025
SEFE-ADNOC-Gas-Deal Expands LNG Supply for Europe Energy
Europe

SEFE, ADNOC Gas Deal Expands LNG Supply for Europe Energy

July 15, 2025
Canada Broadens Outlook to be LNG Exporting Superpower
News

Canada Broadens Outlook to be LNG Exporting Superpower

July 11, 2025
Turkey Hikes Natural Gas Prices
Gases

Turkey Hikes Natural Gas Prices Amid Budget Pressures

July 11, 2025
Indonesia and Saudi
News

Indonesia and Saudi Sign $27B Oil and Gas Investment Deals

July 10, 2025

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2018 Copyright Valuemediaservices 2018 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2018 Copyright Valuemediaservices 2018 All rights reserved.