Reliance and Waaree to Benefit from India's Green Hydrogen Cost Reduction by 2030
ELECTROLYZERHYDROGEN
India's green hydrogen production costs are expected to drop by nearly 50% by 2030, primarily due to falling renewable energy prices and a significant decrease in electrolyser costs. Currently priced at $3.5-4 per kg, the goal is to reach $1.6 per kg through the National Green Hydrogen Mission, with demand projected to double to 12 million tonnes annually, benefiting companies like Reliance Industries and Waaree Energies.

Jan 6, 2026, 9:26 PM