With an aim to boost future exports of hydrogen from India, Union power minister R K Singh said that the government has held discussions with a number of countries, including Japan and Germany. The minister also added that India is aiming to produce 20 million tonne (MT) of green hydrogen by 2030.
The minister also exuded confidence that India will emerge as a leader in green hydrogen. Meanwhile, India has signed a joint declaration of intent on Indo- German hydrogen task force with Germany. The agreement was signed between power minister Singh and Germany's minister for economic affairs and climate change in May 2022.
Under the said agreement, both the countries will establish an Indo-German green hydrogen task force to strengthen mutual cooperation in production, utilisation, storage and distribution of green hydrogen through building enabling frameworks for projects, regulations and standards, trade and joint research and development projects.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: