March 15, 2023 [The Economics Times] – Indian state-run refiners are setting up projects to produce 30.8 kilo tonnes a year of green hydrogen by 2030, junior oil minister Rameswar Teli told lawmakers on Monday.

India, one of the world’s biggest greenhouse gas emitters, recently announced a 197 billion rupee ($2.4 billion) green hydrogen programme to cut the country’s carbon intensity and reduce dependence on fossil fuels. Companies such as Reliance Industries, NTPC , Adani Group, JSW Energy, ReNew Power and Acme Solar have announced plans to help India meet its goal to produce at least 5 million tonnes of green hydrogen by 2030.

The federal government has announced it would provide 300 billion rupees ($3.65 billion) to help state-run oil refiners move towards cleaner energy, a step aimed at helping the country achieve its 2070 net-zero carbon emission target.

“Refineries in the country already utilise hydrogen for internal consumption which has the potential to be converted into green hydrogen,” Teli said in a written reply to a lawmaker’s question.

Below is the capacity of green hydrogen projects that various refiners aim to set up, with production beginning from 2025-26. Company State Green Hydrogen Completion Capacity by Kilo Tonnes Per Annum

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data