India is likely to push its green hydrogen target to FY32 due to global policy uncertainties. This delay is significant for the renewable energy sector.

India's target for producing 5 million tonnes of green hydrogen may be postponed to FY32, according to renewable energy secretary Santosh Kumar Sarangi. This decision is influenced by global policy uncertainties, especially in Europe, which is a key export market. The International Maritime Organisation's recent decision to delay its green fuel mandate by a year has also contributed to this expected delay. However, the government remains optimistic about achieving around 3 million tonnes of green hydrogen capacity by FY30. Some companies are still actively seeking partnerships and making investment decisions, indicating that not all industry players are deferring their plans. The next round of tenders under the Green Hydrogen Mission will focus on the shipping industry's demand for green methanol, which is expected to be addressed without requiring subsidies.