GREEN HYDROGEN MISSION
India set to emerge as world's 2nd largest solar market in 2026: NSEFI
India is set to become the world's second-largest solar market in 2026. The nation is rapidly adding solar capacity, reaching 150 GW. This growth is driven by government initiatives and increasing demand. Distributed solar and commercial installations are key. Energy storage is also expected to grow significantly. India is accelerating its renewable energy deployment.
India defers power plant maintenance to add 10 GW capacity for summer peak demand
India is boosting electricity supply for summer. Maintenance shutdowns at thermal power plants are postponed. This adds 10,000 MW of power. Imported coal plants are running at full capacity. Coal stocks are maintained. India's electricity system remains strong. Installed capacity exceeds 531 GW. Over 22,000 MW will be added in three months.
India records highest-ever annual solar capacity addition of 45 GW in FY 2025-26: Pralhad Joshi
The minister further informed that the country added 6.65 gigawatts of solar capacity in March 2026, marking the highest-ever solar installation in a single month. "Rajasthan, Gujarat, and Maharashtra have led this extraordinary growth, powering India's transition towards a cleaner, greener, and more self-reliant future," Joshi said.
Tata Steel's T V Narendran says India's energy, critical minerals diversification pose new challenges
India is diversifying its energy and critical mineral sources. This move offers significant economic opportunities as the world seeks trusted partners. However, it also introduces new challenges. The country is exploring solar, wind, hydro, nuclear, and green hydrogen. India has also identified key minerals like lithium and cobalt.
Nekkar Power secures ₹75 crore from Syndicate Finance for hydrogen fuel cell development
Syndicate Finance has led a ₹75 crore second-round funding in Nekkar Power Pvt Ltd, a Hyderabad-based startup focused on hydrogen fuel cell technology. This investment brings Nekkar Power's total capital raised to ₹125 crore, earmarked for R&D, manufacturing, and talent acquisition. The funding aims to transition the company's flagship project from pilot to industrial scale.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
If you are putting fresh money into the stock market (or even looking to rejig your existing portfolio), it would be best not to react to what the Nifty, Sensex, or other sectoral indices are doing. At least for the next few sessions, or maybe even till the conflict in the Gulf region is in the past. The reason is simple: A short covering in beaten down Nifty stocks – or, in fact, even in Nifty futures – is good enough to pull the index back up on some days. It is an uptick that has nothing to do with the general mood and trend of the stock market.
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Green H2 blending can help cut gas, fuel imports: Prahlad Joshi
Green hydrogen blending in city gas and mobility can cut fuel imports. Minister Pralhad Joshi highlighted this potential. Pilot projects show feasibility. India is building a coordinated system for energy security. Green hydrogen and green ammonia are key to self-reliance. This effort strengthens domestic capability and resilient supply chains.
Transform - Siemens Innovation Day 2026 demystifies industrial AI for Viksit Bharat
Mumbai hosted Siemens’ sixth Transform - Innovation Day, where Siemens’ Member of the Managing Board and CTO Peter Koerte declared that “AI is going to transform the many sectors that you have, and India is going to gain and contribute the most”. Siemens Limited MD and CEO Sunil Mathur hailed India as a “stable oasis” even as VUCA tensions escalate. Discover the blueprint in sync with Viksit Bharat, with “textbook AI” now becoming a “business reality”.
Exchange of green ammonia agreements a historic step towards sustainable fertiliser production: Union Minister Nadda
The initiative aims to reduce carbon emissions and ensure long-term energy security. Indian fertilizer companies have secured stable ammonia supply for ten years.
Sing the Body Electric: Why Iran War is India’s Edison Moment
The dangers of depending on oil imports have once again been exposed. It's time to start thinking long term about ways to electrify our economy. They are already a key power source for our households, but we need to cannonball efforts to make it a source to manufacture molecules, materials as well as machine learning.
Reliance Industries shares in focus on $3 billion deal with Samsung. Check details
Reliance Industries has signed a $3 billion long-term agreement with Samsung C&T to supply green ammonia over 15 years starting FY2029. The deal highlights India’s growing role in green energy exports and supports Reliance’s integrated new energy platform focused on hydrogen, renewables, and clean technology manufacturing.
Reliance Industries signs $3 billion green ammonia supply deal with Samsung C&T
Reliance Industries has struck a groundbreaking deal with Samsung C&T, marking a pivotal moment in environmental progress. The extensive 15-year agreement, worth over $3 billion, will kick off with the supply of green ammonia beginning in late fiscal 2029. This collaboration embodies Reliance's ambitious move towards clean energy production, reflecting the escalating international demand for sustainable fuel alternatives.
These large- and mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 23%, according to analysts
For the last few days, the news tickers of business channels have carried this news: 40 out of the Nifty 50 stocks have ended in the red. Given how the international situation is panning out, we will likely see more such headlines. In such a situation, one needs to think and act. As a first step, you could bring stocks onto your watchlist. But that does not mean you do nothing at all after that. You need to act when the time is right.
Onboard discoms, boost portal infra to achieve target of rooftop solar scheme: Panel
PM Surya Ghar: The scheme, launched in February 2024, aims to benefit one crore households with a saving of Rs 75,000 crore annually by installing solar systems on their rooftops by March 2027.
Climate-tech startup Newtrace raises $6.3 million from HDFC Bank, Mitsui Sumitomo, Peak XV, others
Newtrace, a climate-tech startup developing advanced electrodes for electrolysers, has raised $6.3 million from HDFC Bank, Mitsui Sumitomo Insurance VC, and others, valuing it at $30 million. The funding will scale pilot manufacturing, validate products globally, and prepare for commercial deliveries within 12 months, CEO Prasanta Sarkar said.
India announces standards of Green ammonia, methanol to accelerate trade of green hydrogen derivatives
India has notified Green Ammonia and Green Methanol Standards, setting emission thresholds for classification as 'Green'. These standards, crucial for the National Green Hydrogen Mission, aim to facilitate decarbonisation across key industries and bolster India's role as a green fuel exporter.
‘From fragile five to global growth engine’: PM Modi slams Congress, says developed nations lining up for India trade deals
Prime Minister Narendra Modi sharply criticized the Congress party. He presented India as a confident and rising economic power, eager for trade deals. Modi highlighted the nation's push for self-reliance to reduce import costs. He also stated India is actively shaping the artificial intelligence revolution. The government aims for an empowered and prosperous Bharat by 2047.
Tender to support 500,000 tonnes green methanol production in works
India is gearing up to scale green methanol output, with the renewable energy ministry preparing a tender for 500,000 tonnes per year. The Deendayal Port Authority is expected to source this low-carbon fuel for use by shipping lines. The move is part of a broader strategy to decarbonise hard-to-abate sectors, with clarity on subsidy and incentive structures anticipated by March.
Cost of Numaligarh Refinery expansion set to swell to Rs 34,000 crore as revamp nears finish
The capacity expansion of Numaligarh Refinery is likely to see its project cost rise by nearly Rs 5,900 crore to about Rs 34,000 crore, with a revised proposal now under government review. The brownfield project to triple refining capacity to 9 MMTPA is already 85% complete and targets commissioning by December 2026. Funded via a 70:30 debt-equity mix led by SBI, the upgrade will sharply boost fuel output and is part of a broader roadmap that also includes petrochemical expansion and a green hydrogen facility.
SBI aims to hike its green advances portfolio up to 10 pc by 2030
State Bank of India is boosting green financing, targeting 7.5-10% of advances by 2030. The bank launched CHAKRA to fund renewable energy and electric mobility. SBI also hosted its Green Marathon in Mumbai, drawing over 10,000 participants. This initiative supports India's green transition and promotes environmental responsibility.
Indo-UK offshore wind task force launched, India crosses 272 GW non-fossil fuel power capacity
India and the United Kingdom have launched an Offshore Wind Taskforce. This collaboration aims to accelerate India's renewable energy goals. India has already achieved significant non-fossil fuel capacity. The taskforce will focus on ecosystem planning, infrastructure and financing for offshore wind projects.
Multiple steps taken to reduce green hydrogen cost: MNRE Minister Shripad Yesso Naik
The Indian government is actively promoting green hydrogen production through the National Green Hydrogen Mission, aiming to establish India as a global hub. Production incentives for electrolyzers and green hydrogen, along with ISTS charge exemptions, are key measures being implemented. India's green hydrogen capacity is projected to reach 5 million metric tonnes per annum by 2030.
Need to track green hydrogen utilisation: MNRE secretary
India is developing a plan to track the use of green hydrogen and establish global partnerships for its export, according to Santosh Kumar Sarangi. Traceability is crucial to determine if steel production uses green or grey hydrogen. Concessions for green hydrogen exports will be considered in trade agreements, including the India-EU FTA, to promote its adoption.
Govt invites proposals to set up CoE under National Green Hydrogen Mission
India's government has called for proposals to establish a Centre of Excellence focused on green hydrogen technology. The initiative, part of the National Green Hydrogen Mission, aims to boost innovation and self-reliance in clean energy, supporting the country's transition to a low-carbon future.
24x7 power with green H2 storage in works
The government is developing a draft scheme for round-the-clock renewable energy using green hydrogen storage under the National Green Hydrogen Mission. Financial assistance may be offered through contract for difference or viability gap funding, with an initial 100 MW pilot project considered.
Green Hydrogen Mission gets whopping 102% hike in allocation in Interim Budget
The Union Budget for 2024-25 has allocated Rs 600 crore for the National Green Hydrogen Mission, a 102% increase from the previous year. This mission aims to establish India as a global manufacturing hub for green hydrogen. The mission targets a green hydrogen production capacity of 5 million metric tonnes per annum by 2030 and the addition of 125 GW of renewable energy capacity. It also envisions an investment of over Rs 8 lakh crore and the creation of 6 lakh jobs by 2030.
What NTPC, GAIL and other govt entities doing under Green Hydrogen Mission
The Ministry of New and Renewable Energy is implementing the mission which aims to make India the global hub for production, usage and export of green hydrogen and its derivatives, Union Minister R K Singh told the Lok Sabha in response to a question.
Central aid for R&D to set up pilot using green hydrogen to make steel
The Centre will aid research and development (R&D) projects to set up pilot plants for production and utilisation of green hydrogen in the iron and steel making processes, the steel ministry has said. It said ₹455 crore has been earmarked under the National Green Hydrogen Mission to support the domestic steel industry's endeavours to find scalable uses of hydrogen produced using environmentally sustainable practises. This low-environment-footprint hydrogen is called green hydrogen to signify its superior acceptability.
Empowered Group formed for Green Hydrogen Mission
ET gathers that an Empowered Group chaired by the Cabinet secretary has been constituted in late February to steer the Green Hydrogen Mission and its implementation across diverse sectors. Alongside, an advisory group under the Principal Scientific Advisory (PSA) has also taken shape as has the mission secretariat housed in the Ministry of New & Renewable Energy (MNRE).
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