Indian Economy News

India emerging as reliable green fuel supplier: Renewable Energy Secretary Mr. Santosh Kumar Sarangi

India is strengthening its position as a reliable global supplier of green fuels, with the country's green hydrogen sector steadily achieving commercial maturity. According to Renewable Energy Secretary Mr. Santosh Kumar Sarangi, India is well placed to become an integral part of global green hydrogen and green ammonia value chains, supported by its competitive renewable energy ecosystem and expanding clean fuel production capabilities. Speaking at the India-Japan Energy Partnership Forum, the statement highlighted that Indian companies are already securing long-term international partnerships, reinforcing the country's emergence as a dependable clean energy supplier. These developments are expected to support global decarbonisation efforts while enhancing India's role in the international energy transition.

The article also highlights growing India-Japan collaboration in green fuels through commercial agreements involving Indian companies and Japanese partners. ACME Group has signed long-term agreements to supply green ammonia and green methanol to Japan, demonstrating rising global confidence in India's clean energy capabilities. The statement further emphasised that India's ability to produce cost-competitive green hydrogen and its derivatives is creating new export opportunities while strengthening international energy security. The partnerships are expected to accelerate the development of cross-border green fuel supply chains and reinforce India's position as a preferred destination for investments and technology collaboration in the renewable energy sector. As demand for low-carbon fuels increases worldwide, India's expanding green hydrogen ecosystem is expected to play a significant role in supporting industrial decarbonisation and establishing the country as a trusted supplier of sustainable fuels to global markets.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.