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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.

Reliance and Waaree to Benefit from India's Green Hydrogen Cost Reduction by 2030
Jan 6, 2026, 9:26 PM

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