FCC

India aims to lead as green fuel refuelling hub for shipping

2023-09-07

The Indian government is actively pursuing the goal of establishing India as the primary refueling hub for green hydrogen, ammonia, and methanol in the maritime industry. R K Singh, the Union Minister for Power, New and Renewable Energy, expressed India's commitment to providing these eco-friendly fuels at the most competitive prices.

Singh emphasised that the maritime sector is on the verge of a significant green transformation within the next decade, and India aims to position itself as the foremost refueling destination for environmentally-friendly vessels. He made this declaration during a seminar organised by NTPC.

Additionally, Singh announced that the government intends to initiate pilot projects for the storage of green hydrogen and green ammonia, facilitating the provision of round-the-clock renewable energy. He stated that utilising green hydrogen or ammonia storage for continuous renewable energy could result in cost-effective pricing ranging from approximately 4.25 to 5.50 units. Notably, some companies have already developed turbines capable of utilising green hydrogen and ammonia, with a focus now placed on scaling up these pilot initiatives.

Furthermore, the International Solar Alliance (ISA) has launched the Green Hydrogen Innovation Centre (GHIC) to support the production, utilisation, and global trade of green hydrogen. ISA, serving as the international partner of India's G20 Presidency, will create a comprehensive web portal, offering a centralised platform with access to valuable information regarding green hydrogen, insights into various countries' initiatives, developments in the hydrogen sector, global missions, skill development programs, and community engagement activities.