India emerging as reliable green fuel supplier: Renewable Energy Secretary Santosh Kumar Sarangi

New Delhi: Green hydrogen sector is becoming commercially mature, with Indian clean fuels now being positioned as a reliable supplier to global markets and supporting the creation of international green hydrogen and green ammonia value chains, Renewable Energy Secretary Santosh Kumar Sarangi said on Thursday.

Sarangi was speaking at the signing of long-term offtake agreements between ACME Cleantech Solutions (ACME Group) and Japan's IHI Corporation for green ammonia, and Mitsubishi Gas Chemical Company, Inc. for green methanol.

Under the deal with IHI Corporation, ACME will supply 405,000 tonnes of green ammonia per annum.


The arrangement is supported by Japan's Contracts for Difference (CfD) scheme for low-carbon ammonia, administered by the Japanese Ministry of Economy, Trade and Industry (METI), which provides price support to Japanese off-takers.

ACME has also signed a 10-year agreement with Mitsubishi Gas Chemical Company to supply 100,000 tonnes per annum of green methanol from its Paradip facility.

India has significant potential for the production of green hydrogen and ammonia, Takehiko Matsuo, Vice Minister of Japan's METI, said, adding that the country may need more green ammonia and green hydrogen in the future to support decarbonisation and energy security.

He also said that India's green hydrogen and green ammonia are globally cost-competitive.

These deals represent some of the largest green ammonia and methanol offtake commitments from India to Japan to date.

The National Green Hydrogen Mission, approved in January 2023 with an outlay of ₹19,744 crore, aims to position India as a global hub for the production, utilisation and export of green hydrogen and its derivatives.