Green Hydrogen India Market Update Q1 2026 (Jan-Mar)
Summary
In Q1 2026, India continued to advance steadily in the green hydrogen sector, reaffirming its commitment to clean energy and its ambition to become a global hub for sustainable hydrogen production. The quarter witnessed key developments, including tender issuances, auction awards, strategic MoU signings, and investment announcements. However, no major green hydrogen projects were commissioned during the quarter.
- Tenders: V.O Chidambaranar Port Authority issued tender for development of 2 MW Green Hydrogen Electrolyser and refuelling station in Tamil Nadu.
- Auction Completed: Numaligarh Refinery awarded contract to NeuEN Green Energy to supply 10,000 TPA Green Hydrogen at record- low tariff of INR 279/kg.
- Investments Announced: Newtrace secured funding of US $ 6.3 million in a Pre-Series A Funding round led by HDFC Bank and Mitsui Sumitomo Insurance Venture Capital. The funding will be used to support pilot-scale manufacturing, customer validation and supply agreements, expansion of manufacturing and engineering capabilities.Â
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