The price of green hydrogen in India has dropped from $5.5 to about $4.4-4.5 per kg, driven by tenders from state-owned oil companies like IOC, BPCL, and HPCL. Green hydrogen, produced using renewable energy, offers a zero-emission alternative for industries such as steel, cement, and chemicals. India aims to produce 5 million tonnes annually by 2030, with supportive policies and investments positioning it as a global green hydrogen leader focused on sustainability and energy security.
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