Wire · technology
Verification — India's Green Hydrogen Price Closer to $2/kg goal
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 21 July 2026 · Fusion42 review
India's green hydrogen production hit a record-low bid of ₹279/kg (approximately $3.35/kg) for 10,000 tonnes annually to Numaligarh Refinery, progressing toward the National Green Hydrogen Mission target of $2/kg by 2030 and 5 million tonnes annually by 2030.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
If you make electrolysers, water purification, or power electronics for hydrogen production, India just proved the market will exist at scale. A refinery is now buying at record-low cost; refineries across Asia will follow once the price hits $2/kg, and you need to be in the supply chain before they do.
◆ Coverage
1 source · 20 Jul 2026
◆ Related on Wire
◆ Topics