CEF Insights

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June
Industrial Decarbonisation

Ohmium, NTPC to partner on largest-ever deal for green hydrogen electrolysers in India

Author
Ruchita Shah

Notable because

Earlier this year, the Cabinet approved the National Green Hydrogen Mission. It aims to set up at least 5 MMT per annum of green hydrogen production facilities by 2030 which will require a renewable energy (RE) capacity addition of ~125 GW. NTPC's deal with Ohmium for proton exchange membrane (PEM) electrolysers is a significant contribution towards the achievement of the national target as well as NTPC's target of 60 GW RE by 2032.

What to look out for in the months ahead

Will this deal act as a catalyst in the development of green hydrogen production facilities in India and enable its path towards a green hydrogen powerhouse? 

It will be interesting to see who NTPC will sign the buy-side contract with.