India set to build $21bn green energy hub
NTPC Green Energy has announced plans to develop a $21bn Green Hydrogen complex in Andhra Pradesh with the aim of establishing India as a leader in sustainable energy.
The Indian government announced the development of a $21bn green hydrogen hub in Visakhapatnam, Andhra Pradesh, which is set to be developed by NTPC Green Energy Limited (NGEL).
This project is under the National Green Hydrogen Mission and aims to position India as the prime leader in sustainable energy solutions while meeting the global demand for green hydrogen and its derivatives.
As an established leader in the hydrogen sector, India is now taking a giant leap in the global green energy transition through its partnership with NTPC Green Energy Limited (NGEL).
Key Highlights of the NTPC Green Hydrogen Hub
- Massive Production Capacity: The hub will produce 1,500 tonnes of green hydrogen daily, along with 7,500 tonnes of derivatives such as green methanol, green urea, and sustainable aviation fuel (SAF).
- Integrated Renewable Energy: The hub will be equipped with a capacity of 20 GW of renewable energy, making this facility one of India’s largest integrated green hydrogen production centres, significantly contributing to India’s renewable energy target of 500 GW by 2030.
- Strategic Location and Export Focus: Spread across 1,200 acres in Pudimadaka near Visakhapatnam, the hub will primarily focus on exporting green chemicals, with an annual export target of over 2.5 million tonnes.
- Domestic Innovation and Partnerships: In line with the government’s push for domestic manufacturing, the Andhra Pradesh facility will utilise electrolysers developed by Reliance Industries and L&T, further boosting the “Make in India” initiative.
India’s Sustaining Green Energy Goals
The Indian Prime Minister, Shri Narendra Modi, recently visited Andhra Pradesh and spoke on this facility, highlighting how the hub proves India’s commitment to achieving net-zero emissions and fulfilling its Paris Agreement commitments.
Modi further emphasised India’s progress: “India is focused on strengthening existing green energy solutions and ensuring sustainable growth for the future.”
Meeting Surging Hydrogen Demand
The country’s latest green hydrogen auction was oversubscribed at 626,500 tonnes annually, proving the companies’ strong interest in the Indian government initiatives.
The auction offered incentives to producers, marked at $0.61/kg in the first year, $0.49/kg in the second, and $0.37/kg in the third.
A Sustainable and Energy-Secure Future
NTPC Green Energy will position India as a global leader in green hydrogen by fostering innovation, partnerships, and renewable resource integration. The development of the Pudimadaka hub is a prominent milestone in reducing dependence on fossil fuels, decarbonising hard-to-abate sectors, and ensuring a cleaner, energy-secure future.
This initiative is not just a project but a commitment to sustainability, innovation, and India’s leadership in the global green energy transition.
