MUMBAI (ICIS)–India is exploring export opportunities for its green hydrogen and ammonia production and is currently developing logistics infrastructure to prepare for future shipments.
The Indian government is in talks with France, Italy and Germany for export opportunities in Europe, a senior official in the Ministry of New and Renewable Energy said on Friday, adding that Austria and Sweden are also being considered.
In Asia, “negotiations are currently underway with a host of countries including Japan, South Korea and Singapore”, he added.
India expects to begin green hydrogen production by 2026 or 2027, with capacity expected to hit 5m tonnes/year by 2030, in line with the country’s target to achieve net zero carbon emissions by 2070.
Nearly 70% of the projected capacity, or 3.5m tonnes/year, will initially have to be exported as domestic use may be limited and amid expectations that initial production cost will be high.
Published by: www.icis.com
Priya Jestin
27-Oct-2023
