NTPC seeks overseas buyers for green fuels as India scales hydrogen ambitions
India is pushing to build commercial demand for low-carbon fuels as it advances plans to become a major green hydrogen producer. NTPC says it is in talks with potential buyers in Japan, South Korea and Germany for green ammonia and other low-carbon fuels tied to a proposed hub in Andhra Pradesh.
Highlights
- NTPC is negotiating with overseas buyers for green ammonia and green methanol from its planned Andhra Pradesh hydrogen hub, Chairman Gurdeep Singh states.
- The discussions reflect the global difficulty in securing long-term offtake agreements essential for large-scale hydrogen investments.
- India, supported by $2.1 billion in subsidies, targets annual production of 5 million metric tons of green hydrogen by 2030 to meet rising industrial decarbonisation demand.
Export talks linked to Andhra Pradesh hub
As reported by Reuters, NTPC is engaging prospective overseas customers while it develops a proposed green hydrogen hub in the southern state of Andhra Pradesh, Chairman Gurdeep Singh says at an event organised by the Indian Chamber of Commerce.The project is expected to produce green ammonia and green methanol, fuels seen as more practical than hydrogen for transport and international trade. Singh says the company is moving beyond pilot projects and toward commercially viable ventures, adding that hydrogen needs to become a business.
Commercial demand underpins India strategy
The discussions highlight a broader challenge for hydrogen developers globally, who have struggled to secure the long-term offtake agreements needed to support large-scale investment. For Indian companies, locking in demand is central to turning government-backed hydrogen plans into bankable projects.Backed by subsidies of roughly $2.1 billion, New Delhi aims to produce 5 million metric tons of green hydrogen annually by 2030. Demand for green fuels is expected to rise as industries seek alternatives to fossil fuels to cut emissions and meet decarbonisation targets.
In our earlier article on Stellantis and Tata Motors expanding their long-running partnership, we outlined plans to develop and manufacture vehicles in India for export to more than 50 international markets. The deal centered on sharing vehicle architectures and advanced technology, with production ramp-up targets aimed at boosting India’s role as a global manufacturing and export base.
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