The project is led by Evren, a joint venture between Brookfield and Axis Energy. It is part of an 8,000 MW renewable pipeline worth ₹50,000 crore. The initiative gained pace after Minister Nara Lokesh met Brookfield Global President Connor Teskey in London. Both discussed long-term clean energy and infrastructure collaborations.

Brookfield, a global renewable giant managing over US$1 trillion, will execute India’s first hybrid project under the FDRE framework. The system links grid connectivity and battery storage for steady and reliable power.

Minister Lokesh said Andhra Pradesh is fast becoming India’s renewable hub. “Such partnerships create jobs and strengthen our sustainable future,” he said, reaffirming the state’s Sunrise State vision.

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The visit will also include discussions with Power Minister Manohar Lal Khattar during the 5th India-Australia Energy Dialogue. The meetings aim to strengthen collaboration in areas such as solar PV, green hydrogen, and energy storage. Both countries will explore two-way investments and skill development for the renewable workforce.

This follows the second India-Australia Annual Summit held in November 2024 on the sidelines of the G20 Summit in Rio de Janeiro. Prime Ministers Narendra Modi and Anthony Albanese had expressed their ambition to accelerate climate action through joint projects and the launch of the India-Australia Renewable Energy Partnership.

After India, Bowen will travel to China to meet Minister Huang Runqiu for the 9th Australia-China Ministerial Dialogue on Climate Change in Beijing. These diplomatic engagements are part of Australia’s broader effort to strengthen international climate collaboration and renewable energy initiatives.

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Public sector units are planning to reach a 1 MMT production capacity by 2030. Tender capacities for 42 kilo tonnes per annum will increase to 170 KTPA. Green hydrogen projects totaling 900 KTPA capacity have already been awarded to 19 companies.

India is aiming to capture 10 percent of the global hydrogen market, according to the minister. He highlighted that the nation is the world’s third-largest energy consumer, third-largest crude importer, and fourth-largest refiner. The country holds 651.8 MMT of recoverable crude oil and 1,138.6 BCM of natural gas reserves.

The past decade has seen major reforms in the energy sector, from new licensing policies to open acreage licensing rounds. Investments of Rs 1.4 lakh crore have driven exploration and production, with 578 wells drilled in FY25—ONGC’s highest in 35 years—and over 5,000 exploratory and development wells, including offshore programs.

The post Hardeep Puri: India Leads Global Hydrogen Shift appeared first on India Podcast.

Authorities allocated Rs 500 crore to five consortiums. For instance, these groups will conduct large-scale hydrogen truck trials. The trials span ten key routes. Partners such as Tata Motors, Ashok Leyland, Volvo, BPCL, IOCL, NTPC, and Reliance join in. Altogether, 37 vehicles will take part.

Teams plan to build nine refueling stations. Additionally, operations will run for two years. Routes connect Delhi, Mumbai, Pune, and ports like Vishakhapatnam. As a result, this builds a complete ecosystem. It handles production, storage, and distribution for clean transport.

India targets 5 million tons of green hydrogen by 2030. Therefore, the plan creates 6 lakh jobs. Furthermore, it attracts Rs 8 lakh crore in investments. This shift saves Rs 1 lakh crore on fuels each year. Plus, it reduces CO2 by 3.6 gigatons by 2050. That’s equivalent to planting 1,000 crore trees.

Gadkari declared, “India will manufacture, innovate, and export.” He emphasized, “We convert agriculture into energy.” Supplies get secured through this approach. Jobs emerge in abundance. Emissions drop significantly as well.

Amitabh Kant, ex-NITI Aayog CEO, fully agreed. He spotlighted green hydrogen’s potential for shipping and aviation. India enjoys cheap renewables. Strong policies bolster progress. An industrial base supports growth. In addition, domestic demand surges alongside exports to Japan and Europe. Kant called for global partnerships and local manufacturing.

Ultimately, this initiative drives India toward a sustainable USD 30 trillion economy by 2047. The nation now leads in clean fuels worldwide.

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India currently imports around 1.5 million barrels per day, with Russian supplies reducing costs, according to Emkay Wealth Management. The report noted that future price movements will depend on US sanctions and tariff policies. China is also increasing its Russian oil imports to meet domestic demand.

With India and China sourcing heavily from Russia, oil prices are expected to stay range-bound, benefiting importing nations. Lower energy costs are vital for India to curb inflation and stabilise the economy. Analysts highlighted that India’s strategy balances geopolitical shifts and domestic priorities.

US Energy Secretary Chris Wright praised India as an “awesome ally” with growing energy demand. He emphasized stronger India-US energy cooperation, while Commerce Minister Piyush Goyal also called for expanding bilateral energy trade. Both leaders highlighted the mutual benefits of a robust partnership in energy.

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