CEF Insights

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May
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India sets deadline of 2035 to establish green hydrogen bunkering

Author
Dishant Rathee

Notable because

The recent announcement emphasises India’s commitment to transitioning its maritime sector towards cleaner fuels, further advancing the earlier commitment to convert all tugboats to non-fossil fuel-based alternatives by 2030.

The integrated approach may create domestic demand for green hydrogen, which aligns with India’s comprehensive Green Hydrogen Mission, which aims to produce 5 MMT of green hydrogen annually by 2030.

What to look out for in the months ahead

What policy incentives will be introduced to address the concerns of financiers regarding the high costs associated with hydrogen bunkering, considering it is a novel technology?