The project will have several benefits, including reducing India’s carbon footprint and dependence on fossil fuels, creating new employment opportunities in the renewable energy sector, and promoting the development of green hydrogen technologies in the country.
India has a vast potential for renewable energy generation, including solar, wind, and hydro, and the Green Hydrogen project will leverage this potential to produce green hydrogen. The project is expected to contribute significantly to India’s efforts to achieve its climate change goals under the Paris Agreement.
Indian focus on hydrogen displacing gasoline and diesel in passenger cars and trucks.
H2 Mobility Funded by Indian Government.
Aim to establish refueling capacity for 2 million fuel cell electric vehicles by 2022.
The prime market being developed – passenger cars and light-duty commercial vehicles.
More than enough hydrogen demand market space for Liquid Hydrogen India’s project (initial production 100 t/d with option to expand).
Conservative assumption that by 2040, 16% of newly sold vehicles will be hydrogen-fuelled fuel cell electric vehicles.
Conservative view that heavy duty vehicle market penetration by hydrogen is slow. Early take up by a large fleet operator would provide even more market space for the project’s hydrogen imports.
The delivered green liquid hydrogen price to India is highly competitive to the consumer compared with the current retail price.