India Sets Sights on Green Hydrogen, Faces Cost Challenges

India has ambitious plans to become a global leader in the production and use of green hydrogen, a clean energy source. The government envisions green hydrogen playing a crucial role in decarbonizing various sectors, including transportation, industry, and power generation. However, the high cost of producing green hydrogen remains a major obstacle. Currently, the cost of producing green hydrogen is significantly higher than conventional fossil fuels, making it economically uncompetitive.