India Becomes Global Leader with Over 5.5 Lakh MTPA of Green Hydrogen Offtake Commitments

Key facts

• Till October 2026, Indian companies have signed the world's largest Green Hydrogen offtake commitments, totalling 5,55,610 MTPA, making India the global leader in Green Hydrogen supply commitments.
• In 2026 alone, Indian companies signed 18 new offtake agreements for over 4 lakh MTPA of Green Hydrogen equivalent.
• Since the launch of the National Green Hydrogen Mission in 2023, 23 offtake contracts covering about 5.5 lakh MTPA have been signed, with over 70% earmarked for exports.
• Fulfilling these agreements would require aggregate capital investment exceeding ₹90,000 crore (approximately USD 9.5 billion).
• The National Green Hydrogen Mission was approved with an initial outlay of ₹19,744 crore up to 2029-30, targeting production of at least 5 Million Metric Tonnes per Annum of Green Hydrogen by 2030, with expected outcomes including 125 GW of renewable energy capacity addition, over ₹8 lakh crore in investments, over 6 lakh full-time jobs, and abatement of 50 MMT per annum of CO2 emissions.
• ACME Group signed an offtake agreement for 4,88,000 MTPA of Green Ammonia with IHI, Japan, and another for 1,00,000 MTPA of Green Methanol with Mitsubishi Gas Chemical, Japan.
• L&T and ITOCHU formed a Special Purpose Vehicle for the supply of 3,00,000 TPA of Green Ammonia, with deliveries expected from December 2029.
• Reliance Industries Limited signed a long-term Supply and Purchase Agreement with Samsung C&T Corporation, South Korea, valued at over USD 3 billion, one of the largest Green Ammonia offtake contracts globally, with deliveries expected by 2028.
• AM Green won the Asian lot in the H2Global auction run by HINT.CO GmbH, securing a long-term agreement for RFNBO ammonia supply to Germany worth a minimum of EUR 585 million over 10 years, with first deliveries expected in 2029; it also signed a firm offtake with Uniper, Germany for 2,50,000 MTPA of Green Ammonia and a binding head of agreement with Japan's JERA for 70,000 MTPA.
• Agastya is in the process of offtake for supplying 2,50,000 MTPA of Green Methanol to SAR, Sri Lanka, while Jouno Joules signed an agreement with Select Energy GmbH for 600 TPD (about 2,19,000 MTPA) of Green Ammonia.
• Under the SIGHT Programme, agreements have been signed for production and supply of 6,70,000 MTPA of Green Ammonia to 11 fertilizer units, and projects awarded for 30,000 MTPA of Green Hydrogen to the refineries of IOCL, BPCL, HPCL and NRL.