1. Larsen & Toubro (L&T)
Role: Comprehensive EPC services, including electrolyzer integration and renewable energy infrastructure.
Projects: MoU with Indian Oil for green hydrogen plants; active in large-scale renewable projects.
Strengths: Strong engineering expertise, global footprint, and technology partnerships.
2. Tata Projects
Role: EPC services with a focus on sustainability and hydrogen infrastructure.
Projects: Contributing to Tata Group’s net-zero goals; exploring industrial decarbonization collaborations.
Strengths: Synergy with Tata Group’s R&D and renewable energy assets.
3. Reliance Industries
Role: Developing giga-scale EPC capabilities under Reliance New Energy.
Projects: Plans for electrolyzer manufacturing and large-scale green hydrogen production in Gujarat.
Strengths: Significant investment capacity, vertical integration, and global partnerships.
4. Adani New Industries (ANIL)
Role: EPC for integrated green hydrogen ecosystems, including renewables and storage solutions.
Projects: $50 billion investment commitment; collaborations with TotalEnergies.
Strengths: Large-scale renewable energy parks and extensive infrastructure expertise.
5. Thermax
Role: Provider of clean energy solutions, including hydrogen technologies.
Projects: Collaborations with global electrolyzer manufacturers for EPC projects.
Strengths: Strong industrial energy systems expertise and decarbonization capabilities.
6. ACME Group
Role: Developer and EPC provider for green hydrogen and ammonia plants.
Projects: Leading a 1.3 GW electrolyzer project in Rajasthan.
Strengths: First-mover advantage with cost-effective green hydrogen solutions.
7. Greenko Group
Role: EPC through partnerships, including John Cockerill for electrolyzers.
Projects: Focus on green hydrogen production for global export.
Strengths: Extensive renewable energy portfolio and pumped storage expertise.
8. Bharat Heavy Electricals Limited (BHEL)
Role: Government-backed EPC services for green hydrogen infrastructure.
Projects: Pilot projects aligned with the National Green Hydrogen Mission.
Strengths: Strong background in power projects with government support.
9. NTPC Limited
Role: EPC through its subsidiary NTPC REL, focusing on green hydrogen valleys.
Projects: Pilot projects in Ladakh and Gujarat.
Strengths: Vast experience in thermal and renewable energy.
10. Ohmium International
Role: Electrolyzer manufacturing with EPC collaborations.
Projects: Indian manufacturing facility supporting EPC providers.
Strengths: Expertise in PEM electrolyzer technology and international partnerships.
11. Symbroj Cleantech Pvt Ltd
Role: Emerging EPC provider specializing in green hydrogen plant design, engineering, and integration, with a focus on modular and scalable solutions.
Projects: Actively involved in pilot projects for decentralized green hydrogen production, targeting industries like transportation and small-scale industrial applications.
Strengths:
- Expertise in cost-effective, compact electrolyzer systems.
- Focus on innovation in hydrogen storage and hybrid renewable energy integration.
- Collaborations with domestic R&D institutions for localized technology development.
Key Industry Collaborations
- John Cockerill & Greenko: Electrolyzer manufacturing partnership.
- Siemens India: Energy solutions and digital integration for hydrogen projects.
- Hygenco: Decentralized hydrogen solutions leveraging global technologies.
Government Initiatives Driving Growth
- National Green Hydrogen Mission: $2 billion funding to achieve 5 MMT annual production by 2030.
- Incentives: PLI schemes, R&D support, and export promotion policies.
Challenges & Opportunities
- Challenges: High capital costs, underdeveloped supply chains, storage and transport constraints, regulatory uncertainties, and the need for a skilled workforce.
- Opportunities: Export potential, industrial decarbonization (fertilizers, steel), and advancements in hydrogen technology.
India’s green hydrogen ecosystem is rapidly evolving, driven by a blend of domestic giants and international partnerships, underpinned by strategic government policies aimed at making India a global leader in green hydrogen production.