Green Hydrogen India Market Update Q1 2025 (Jan-Mar)
Summary
Q1 2025 saw more advancements in the green hydrogen sector, with India continuing its journey to become a leader in green hydrogen production. This quarter saw some key tenders, auction completion, projects commissioned and partnership announcements from leading players to set up green hydrogen manufacturing facilities in India.
- Tenders: In Q1 2025, 2 significant green hydrogen tenders were issued by tendering authorities in India, namely NTPC Renewable Energy and NLC India Limited.
- Auction Completed: In Q1 2025, Solar Energy Corporation of India (SECI) awarded LoAs to 9 players with a cumulative capacity of 4,50,000 MT per annum, with a maximum allocated incentive of INR 2238.59 crore, for setting up green hydrogen production facilities in India under SIGHT Program (Mode – 1 Tranche – II).
- Project Commissioned: INOX Air Products commissioned its first green hydrogen plant at Asahi India’s Soniyana facility in Chittorgarh, with a total capacity of 190 TPA.