Transactions In The Green Hydrogen Space: A Primer On Best Practices

INTRODUCTION

As the world transitions towards more sustainable energy sources, green hydrogen has emerged as a pivotal element in the global clean energy landscape. Transactions in the green hydrogen space are becoming increasingly prevalent, driven by technological advancements, regulatory support, and growing environmental awareness.

India's push towards green hydrogen has been driven through focused policy in the form of the National Green Hydrogen Mission ("GH Mission"), which aims to make India a global hub for production, usage and export of green hydrogen and its derivatives. As part of its goals till 2030, India aims to develop green hydrogen production capacity of at least 5 million metric tonnes ("MMT") per annum ("MMTPA"), with an associated renewable energy capacity addition of 125 gigawatts ("GW"). It is expected that this increase in green hydrogen and renewable energy production will abate nearly 50 MMT of annual greenhouse gas emissions,