Introduction
In January 2023, the Ministry of New and Renewable Energy,
Government of India (“MNRE”) issued
the “National Green Hydrogen Mission”
(“Mission”) – which laid down
the vision and the foundational framework for the development of
green hydrogen sector and its derivatives. The mission was aimed to
undertake capacity building for a targeted production of atleast 5
(five) million metric tonne (“MMT”) of
green hydrogen per annum by 2030, with the potential increase of
upto 10 (ten) MMT. The MNRE, subsequently, issued the “Green
Hydrogen Standard for India” on August 18, 2023
(“Standards”), which defines
“green hydrogen” to mean “hydrogen produced
using renewable energy, including, but not limited to, production
through electrolysis or conversion of biomass.” Under
the Standards, India has set a relatively stricter threshold of
“a well-to-gate emission” (i.e., including water
treatment, electrolysis, gas purification, drying and compression
of hydrogen) of