India Hydrogen Alliance (IH2A) has proposed a 25/25 National Green Hydrogen Hub Development Plan for creation of twenty-five National Green Hydrogen Projects and Five National H2 Hubs by 2025.
The plan seeks to develop first-generation green hydrogen projects, with public finance support of $360 million over next three years; create a National Hydrogen Development Corporation and public-private hydrogen taskforce.
The 25/25 Green Hydrogen Hub Development Plan has been submitted by IH2A to NITI Aayog and Ministry of New and Renewable Energy, Government of India.
IH2A’s 25/25 National Green Hydrogen Hub Development Plan focusses on creating scalable green hydrogen projects and hubs that can grow to gigawatt-scale projects in three years.
Jill Evanko, Chief Executive and President, Chart Industries, and founding member, IH2A informs, “This is a blueprint of how the green hydrogen economy can be developed over the next three years in India.
The estimated $360 million public finance support in project development will help India quickly commercialise green hydrogen projects at scale in the region. Government support for hydrogen project development contributes to further investment from both global green climate investors and the private sector”.
Sanjay Mashruwala, Reliance, and IH2A member comments, “The next few years will be critical for rapidly developing expertise and developing end to end green hydrogen ecosystem. While individual industrial groups can execute some aspects of green hydrogen projects at scale, developing a national hydrogen end-to-end ecosystem – from renewable power, electrolysis, storage, logistics, and consumption will require collaboration across the industry as well as in the form of stronger public-private partnerships. The 25/25 Green H2 Hub Development Plan lays out a roadmap for this to be achieved”.
Prabodha Acharya, Chief Sustainability Officer, JSW Group and IH2A member adds, “The 25/25 plan shows a pathway for India to leverage green hydrogen for industrial decarbonisation in hard-to-abate sectors. Industrial majors must collaborate and co-build the green hydrogen economy through national hubs, as has been demonstrated in the plan.
This goes beyond individual actions for green hydrogen commercialisation and longer-term net-zero action plans announced by companies. We will lead by example in the steel and cement sector, by helping build these national hubs”.