The cost of green hydrogen in India could fall by up to 40%, reaching between Rs 260 and Rs 310 per kilogram, driven by government incentives, affordable renewable electricity, and tax reductions
For green hydrogen, the government has set incentives for production at Rs 50 per kg in the first year, Rs 40 in the second year, and Rs 30 in the third year, totaling Rs 5400 crore
The growth of utility-scale renewable energy tendering in India has reached 73GW in 2024, driven by the central government’s goal to auction at least 50GW of projects annually
India Inc. has pledged Rs 32.45 lakh crore for renewable energy projects till 2030, aligning with India’s target of 500 GW.
only 41% of projects awarded by SECI during fiscals 2018-21 got commissioned till December 2022. 23% were cancelled and the balance was delayed on account of issues in land acquisition, and evacuation and supply-side constraints.
