ONGC Archives - India Podcast

Hardeep Puri: India Leads Global Hydrogen Shift

Anil Vanna — Sat, 27 Sep 2025 10:03:20 +0000

India has officially entered the hydrogen era, aiming to produce 5 million metric tonnes of green hydrogen annually by 2030, said Union Minister Hardeep Singh Puri. The move has already reduced the cost of green hydrogen from $3.50 per kilogram to $3 per kilogram, potentially saving $150 billion in import costs.

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.

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Sensex, Nifty Open Lower Amid Market Volatility

Anil Vanna — Thu, 25 Sep 2025 06:15:56 +0000

The Indian benchmark indices opened marginally lower on Thursday as global cues and volatility weighed on investor sentiment. Sensex dropped 91 points to 81,807, while Nifty fell 24 points to 25,081 by 9.25 am.

Concerns over FII outflows and US visa curbs dominated market sentiment. Traders awaited Q2 corporate earnings and potential India-US trade developments. Broadcap indices, Nifty Midcap 100 and Nifty Smallcap 100, fell slightly. Top gainers included Hindalco, Dr. Reddy’s Labs, ONGC, Tata Steel, and Tata Consumer. Major losers were Tata Motors, Bajaj Finance, Titan, Maruti Suzuki, and Hero MotoCorp.

Among sectors, Nifty IT declined 0.23 per cent, Nifty Auto 0.21 per cent, and Nifty Private Bank 0.14 per cent. Minor gains were seen in Nifty Metal and Nifty Pharma. Analysts noted that the Nifty index struggled to cross the 25,278-25,330 range amid selling pressure. Immediate resistance is at 25,100 and 25,250, while support lies at 25,000 and 24,900.

US markets closed lower, with Nasdaq down 0.34 per cent and Dow dropping 0.37 per cent. Asian markets mostly rose, including Shanghai up 0.19 per cent and Shenzhen up 1.29 per cent. On Wednesday, FIIs sold equities worth Rs 2,425 crore, while DIIs bought Rs 1,211 crore.

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