India revises green hydrogen production timeline

India expects green hydrogen production capacity to reach 3 million tons by 2030 and 5 million tons by 2032.

Global delays in clean-fuel mandates and postponed international decisions have weakened near-term hydrogen demand and led producers to extend project timelines to avoid oversupply. India now expects 3 million tons of capacity by the end of the decade and 5 million tons by 2032. The government plans to reduce the number of renewable auctions this fiscal year and is reviewing nearly 44 gigawatts of planned projects that lack offtake agreements, advising authorities to shelve projects deemed infeasible. Ports are in talks with Rotterdam and Antwerp to build green-energy shipping corridors, and the Solar Energy Corp. of India is considering aggregating shipping-company demand for green methanol.