India to require $15 billion funding to set up 15 GW green hydrogen electrolyser capacity

According to India Hydrogen Alliance (IH2A), India will require about $15 billion in public and private funding to set up 15 GW of green hydrogen electrolyser capacity by 2030.

This electrolyser capacity is expected to produce 3 million metric tonnes of green hydrogen and would need 30 GW of renewable energy (RE). IH2A gave a probable break-up for setting up 15 GW capacity, consisting of three 2 GW, six 1 GW, and six to seven 400 MW to 500 MW installed electrolyser capacity at eight to nine national green hydrogen hubs or clusters. There were two more scenarios to set up 25 GW and 35 GW electrolyser capacity in the next 10 years.

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