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INCENTIVISED SUPPLY
Cost of green hydrogen in India set to fall by
up to 40%: Report
The cost of green hydrogen in India transmission charges, and lowers the The report asserted that India’s
is expected to fall by up to 40 percent GST rate for hydrogen to 5 percent. green hydrogen mission has been
with the support and incentives the enthusiastically received by industry.
government is providing, according Besides, the report asserts elec- It added, however, that the scheme
to a report by the Institute for Energy trolyser manufacturers are projected needs fi ne-tuning to attract startups,
Economics and Financial Analysis. The to achieve a 7-10 percent reduction in be competitive for global players and
levelised cost of green hydrogen in total system costs for the fi rst fi ve years, create a supply chain and secure de-
India is seen falling towards Rs. 260- starting in 2024 – Rs. 2,960/kW ($36/kW) mand to ensure the industry’s long-
310 per kg ($3-3.75 per kg). being the average annual realisable term viability. “If successful, it could
base incentive. “While the green help build India’s green hydrogen
India provides cheap renewable hydrogen scheme is an important step industry with benefi ts for a range of
electricity to hydrogen manufacturers, for India, refinements are needed to sectors including agriculture, trans-
waives Inter-State Transmission Charges promote long-term investment and port and manufacturing,” the report
for open access, lowers distribution and project viability,” states the report. added.
Call for ensuring traceability of green hydrogen
utilisation
India is preparing a plan to track Mr. Sarangi said deliberations are usage, and export of green hydrogen
utilisation of green hydrogen and build underway with green hydrogen produ- and its derivatives, by targeting
global partnerships for exporting the cers to fi nalise measures for identifying, 5-million tonnes production per an-
fuel, according to Mr. Santosh Kumar tracing, and tracking the fi nal product, num by 2030.The Secretary said the
Sarangi, Secretary, Ministry of New which is made using green hydrogen. government is working towards colla-
and Renewable Energy (MNRE). borating with stakeholders in these
These efforts are in line with India’s aspects. “We are in discussions with
Speaking at the ‘CII International National Green Hydrogen Mission Europe, the Port of Rotterdam, and
Business Conclave on Green Hydro- launched in January 2023, with Port of Antwerp to ensure that green
gen’, he said traceability of green Rs. 19,744-crore outlay. The overarch- hydrogen exported to these countries
hydrogen utilisation is very important. ing objective of the mission is to make has the right transmission lines,” he
He also said concessions for green India a global hub for production, said.
hydrogen export will be part of India’s
deliberations in trade agreements. Asian Paints launches interior paints
According to him, one is not cur- with stain repellence and fl ame-
rently able to decipher whether steel retardant properties
was made using grey or green hydrogen
once production is complete. “Having Asian Paints has launched ‘Apcolite effect technology’ forms a protective
traceability and trackability (of green All Protek’ range of interior emulsion shield that repels common household
hydrogen utilisation) is important,” paints with ‘lotus effect technology’ stains before they can even settle. The
Mr. Sarangi said. Steel is among the that promises superior stain repellence paint also comes with fl ame-retardant
sectors where a push is being made for and fl ame-retardant performance. properties, a refreshing fragrance, and
decarbonisation across the world since is available in both ‘Matt’ and ‘Shyne’
it accounts for roughly 10% of global Inspired by the natural self-cleaning fi nishes. It also offers a 6-year perfor-
emissions. properties of the lotus leaf, the ‘lotus mance warranty.
Chemical Weekly July 1, 2025 145
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