Top 10 Green Hydrogen Companies in India
Green hydrogen, generated from renewable sources such as solar and wind through the electrolysis process, is coming up as a clean, sustainable, and green fuel option. As opposed to grey hydrogen, which is obtained from fossil fuels, green hydrogen produces no carbon emissions, and it is thus a key factor in the battle against climate change across the world. For a rapidly growing economy such as India, with rising energy requirements and aggressive decarbonization targets, green hydrogen presents an avenue to cleaner industrialization, lower oil imports, and energy independence.
The Indian government launched the National Green Hydrogen Mission with the goal of producing 5 million tonnes of green hydrogen annually by 2030 after realizing the potential of this energy to revolutionize the country. As the country shifts gears to clean energy, many green hydrogen companies in India are heavily investing in hydrogen technology and infrastructure. This blog presents the top 10 businesses driving this green revolution.
Why Green Hydrogen is Important for India?
India’s clean energy future will be largely dependent on green hydrogen, which offers a green transition path to industrialization, increased energy independence, and reduced emissions.
- Decarbonizing Hard-to-Abate Industries: Facilitates large reductions in steel, cement, refinery, chemicals, and fertilizer sectors where other alternatives do not exist.
- Green Fuel for Transport and Electricity: Functions as a clean fuel for heavy transport, rail, and future aviation, and enables renewable-powered electricity grids through energy storage.
- Lower Fossil Fuel Dependence: Enables energy security by reducing expensive fossil fuel imports and minimizing vulnerability to global price fluctuations.
- Reaching Net-Zero Targets: Part of India’s approach to achieving its 2070 net-zero emissions target, complemented by renewables and carbon capture technologies.
- Making India a Global Export Hub: With extensive solar and wind capacity, India can make green hydrogen at low costs for international markets, particularly in Europe and Asia.
- Increasing Industrial and Economic Development: Spurs employment generation, clean technology innovation, and green infrastructure build-out, enabling a resilient and sustainable economy.
List of Top 10 Green Hydrogen Companies in India
1. Reliance Industries Limited (RIL)
Reliance Industries is leading India’s green hydrogen transition with its visionary New Energy ambition. As one of the nation’s most powerful conglomerates and among the top manufacturing companies in India, Reliance has made multi-billion-dollar commitments to establish a comprehensive green energy ecosystem, which includes hydrogen.
With the aim of producing electrolyzers, solar panels, and batteries, Reliance plans to make green hydrogen viable and scalable. At the core of this goal is its Jamnagar facility in Gujarat, which serves as a global center for renewable energy research. The firm is also working with global partners to source cutting-edge hydrogen technologies and develop cost parity with traditional fuels by the end of the decade.
Founded: 1973
Headquarters: Mumbai, Maharashtra
Key Contributions to Green Hydrogen:
- Developing an integrated green energy complex in Jamnagar
- Establishing in-house electrolyzer manufacturing capabilities
- Aiming for $1/kg green hydrogen cost
- Partnering with global technology firms for hydrogen solutions
Website: https://www.ril.com/
2. Adani New Industries Ltd (ANIL)
Adani New Industries Ltd is leading the Adani Group’s clean energy expansion with a focused push into green hydrogen. The company has laid out one of India’s largest investment plans in this space—over $50 billion over the next decade. Its strategy involves establishing a fully integrated value chain from the generation of renewable energy to the green hydrogen production in India and green ammonia.
Leveraging a robust renewable asset base and infrastructure competence, ANIL is eyeing domestic supply as well as exports. Its first objective is to produce 1 million tonnes of green hydrogen per year by 2030, making it a global player in hydrogen.
Founded: 2022
Headquarters: Ahmedabad, Gujarat
Key Contributions to Green Hydrogen:
- $50 billion 10-year investment plan
- By 2030, we want to produce one million tons of hydrogen annually.
- Establishing electrolyzer production at large-scale
- Blending renewable generation with hydrogen plants
Website: https://www.adani.com/businesses/energy-utilities/green-hydrogen
3. Indian Oil Corporation Limited (IOCL)
India’s largest oil and gas corporation, Indian Oil Corporation, is strategically adopting green hydrogen to green its refining operations and future-proof its energy portfolio. IOCL is establishing green hydrogen plants in strategic refinery locations, of which Panipat is an anchor project.
IOCL is also aggressively pursuing hydrogen blending as well as mobility applications. By collaborating with renewable energy companies and R&D centers, it is accelerating the growth of hydrogen infrastructure. With a presence across the country and a solid industrial base, Indian Oil aspires to be at the forefront of fossil fuel-to-sustainable-hydrogen transition across industries.
Founded: 1959
Headquarters: New Delhi
Key Contributions to Green Hydrogen:
- Commissioning 10,000 TPA plant at Panipat
- Hydrogen blending in refineries and pipelines
- Partnerships with clean energy players
- Hydrogen mobility trials
Website: https://iocl.com/
4. NTPC Limited
India’s largest power generation company, NTPC, is diversifying fast into green hydrogen as part of its clean energy strategy. The company is implementing a number of pilot projects, such as hydrogen-fuelled buses in Leh and hydrogen blending in gas grids. In addition, NTPC is investigating hydrogen-based microgrids and building the country’s first green hydrogen fuel plant in Ladakh.
Its green hydrogen initiatives are supported by its robust renewable portfolio, which guarantees clean upstream power. With extensive experience in project execution, engineering, and infrastructure, NTPC will be a critical driver for India’s green hydrogen economy.
Founded: 1975
Headquarters: New Delhi
Key Contributions to Green Hydrogen:
- Hydrogen fuel station and bus project in Leh
- Hydrogen blending pilots in gas grids
- Hydrogen microgrid development
- Supported by robust solar and wind capacity
Website: https://ntpc.co.in/
5. GAIL (India) Limited
GAIL, India’s gas major, is going big on green hydrogen production in India via infrastructure integration and pilot projects. GAIL is installing a 4.3 TPD green hydrogen facility in Vijaipur, Madhya Pradesh, which will run exclusively on renewable power. GAIL aims to blend the green hydrogen into its natural gas grid, generating a cleaner energy basket.
The company is also considering hydrogen storage, transport, and collaborations for electrolyzer deployment. With its gas network and pipeline infrastructure at the national level, GAIL is best placed to drive hydrogen distribution across commercial and industrial verticals.
Founded: 1984
Headquarters: New Delhi
Key Contributions to Green Hydrogen:
- 4.3 TPD plant under development in Vijaipur
- Hydrogen-natural gas blending plans
- Considering electrolyzer technology collaborations
- Using gas pipeline network for distributing hydrogen
Website: https://gailonline.com/
6. ACME Group
ACME Group is among the first movers in India’s green hydrogen sector with the launch of India’s first integrated solar-powered green hydrogen and green ammonia project in Bikaner, Rajasthan. The venture manufactures green ammonia from solar power and targets both domestic markets and export. ACME is also developing a very large hydrogen-ammonia plant in Oman, reflecting international ambition.
With solar strength at its core and an emphasis on ammonia exports, ACME is leading renewable-to-hydrogen models that would redefine India’s role in the international green fuel economy.
Founded: 2003
Headquarters: Gurugram, Haryana
Key Contributions to Green Hydrogen:
- Set up India’s first commercial green hydrogen plant
- Manufacturing green ammonia in Rajasthan
- Working on large-scale project in Oman
- Solar-powered hydrogen production focus
Website: https://www.acme.in/
7. ReNew Power (ReNew Energy Global PLC)
ReNew Power, one of India’s leading renewable energy companies and a prominent name among solar companies in India, is expanding aggressively into the green hydrogen segment. With its solar and wind generation capability, ReNew intends to add electrolyzer systems to produce clean hydrogen. It has entered into MoUs with Indian Oil and others for joint hydrogen business initiatives, aiming at industrial decarbonization and green ammonia production.
ReNew also plans to supply export markets with competitively priced derivatives of hydrogen. ReNew’s clean energy experience and scale position it to be a probable frontrunner to drive India’s green hydrogen commercialization process.
Founded: 2011
Headquarters: Gurugram, Haryana
Key Contributions to Green Hydrogen:
- MoUs with joint hydrogen projects
- Balancing hydrogen with renewable assets
- Green ammonia production plans
- Addresses both domestic and export markets
Website: https://www.renew.com/
8. Larsen & Toubro (L&T)
India’s premier engineering conglomerate, Larsen & Toubro, is making an entry into the green hydrogen field through technology, manufacturing, and project development. It has also established a green hydrogen facility at its Hazira complex and has partnered with Indian Oil and ReNew Power to produce electrolyzers.
L&T is aiming to provide turnkey solutions for hydrogen plants using its EPC abilities. With extensive heavy infrastructure experience, the company is ideally placed to facilitate the scale-up of green hydrogen for industries and government sectors alike, which would help India become energy secure and sustainable
Founded: 1938
Headquarters: Mumbai, Maharashtra
Key Contributions to Green Hydrogen:
- Green hydrogen plant in Hazira
- Electrolyzer JV with IOCL and ReNew
- Extension of EPC solutions for hydrogen projects
- Facilitating domestic manufacturing of electrolyzers
Website: https://www.larsentoubro.com/
9. ONGC (Oil and Natural Gas Corporation)
ONGC, India’s biggest oil and gas producer, is moving towards clean energy with an emphasis on offshore wind and green hydrogen initiatives. The corporation is working with NTPC and Indian Oil on green hydrogen development, electrolyzer technology, and offshore integration. ONGC is also looking at hydrogen as a part of its refinery operations and mobility trials.
With broad infrastructure and upstream energy expertise, ONGC seeks to be a leading contributor to India’s hydrogen plan and enable the growth of large-scale renewable-powered hydrogen units.
Founded: 1956
Headquarters: New Delhi
Key Contributions to Green Hydrogen:
- Co-operation on offshore wind-hydrogen projects
- Investigating hydrogen production in refinery configurations
- Co-operating with NTPC and IOCL on R&D
- Concentrating on large-scale infrastructure development
Website: https://ongcindia.com/
10. Avaada Group
Avaada Group, a rapidly growing clean energy company, is aggressively venturing into the green ammonia and green hydrogen space. The company is constructing a 1 million TPA green ammonia project in Odisha, supported by renewable energy and international collaborations. Avaada is also looking into the opportunity of exporting hydrogen and setting up indigenous manufacturing capacities for electrolyzers.
With immense support from international investors and a firm solar portfolio, Avaada is becoming a spirited player in India’s green hydrogen movement, moving towards meeting industrial needs as well as overseas markets with clean fuel options.
Founded: 2017
Headquarters: Mumbai, Maharashtra
Key Contributions to Green Hydrogen:
- One MTPA green ammonia plant is being developed greenfield in Odisha.
- Setting up hydrogen export and electrolyzer manufacturing plans
- Teamed together with foreign partners to develop sustainable fuel technology
- Harnessing solar assets to produce hydrogen
Website: https://avaada.com/
How to Choose the Best Green Hydrogen Companies in India?
As green hydrogen picks up pace in India’s energy and industrial economy, companies and investors alike are hungry to partner with serious players in the space. Yet, given the capital- and technology-heavy composition of green hydrogen projects, the choice of the right partner or investment opportunity is vital. Here are the essential considerations in gauging potential partners or firms in this segment:
- Proven Track Record in Renewable Energy: Past performance in solar, wind, or hybrid renewable projects by a company provides useful information regarding its technical competence, financial prudence, and experience in executing projects. Green hydrogen companies in India with successful experience in clean energy installations are more likely to be able to blend renewable inputs for hydrogen production—a basic prerequisite for green hydrogen.
- Implementation of Pilot Projects and Proven Capability: Firms that have launched pilot-scale green hydrogen plants or are seriously operating demonstration plants demonstrate definite intent and capability for ground-level deployment. These initiatives commonly pilot-test electrolyzer efficiency, integration of renewables, and storage operations—providing evidence of field-level utility.
- Government Tie-Ups and Funding Access: Collaboration with government agencies, public sector enterprises (PSUs), or taking part in government-initiated missions such as the National Green Hydrogen Mission increases credibility. Further, access to subsidies, grants, or global green funds lowers the risk of the project and enhances financial sustainability.
- R&D Strength and Electrolyzer Technology: Green hydrogen depends on the cost and efficiency of electrolyzers. Businesses that spend money on R&D—either in-house or in partnership with international technology companies—are more likely to drive down costs, localize production, and stay technologically competitive. Priority must be accorded to businesses developing scalable, local solutions, which is essential for accelerating green hydrogen production in India.
- Scalability and Long-Term Strategic Vision: A road map for increasing production capacity, developing supply chain infrastructure, and pursuing downstream opportunities (e.g., hydrogen fuel for mobility or industrial use) is critical for a company. Long-term strategy with alignment with India’s energy transition strategy indicates a partner’s long-term commitment over short-term profit.
- Regulatory and Environmental Compliance: Make sure that the company adheres to national and global sustainability standards, safety norms, and environment norms. ISO, BIS certification or collaborations under clean development mechanisms (CDM) increase reliability.
Conclusion
India’s green hydrogen industry is building robust momentum supported by forward-thinking government policies, high-flying production ambitions, and increasing industry involvement. As the nation builds speed towards its target of creating 5 million tonnes of green hydrogen per annum by 2030, the green hydrogen companies in India listed here are leading the charge towards creating a greener, more sustainable energy future. Their investment, innovation, and collaborations herald a significant shift towards decarbonization and energy independence.
For business leaders, investors, and policymakers alike, these organizations are not only green energy trailblazers but also strategic allies on India’s path to net-zero. Backing and investing in green hydrogen today is an important step toward developing a robust, low-carbon economy tomorrow.
FAQs
1. What Distinguishes Green Hydrogen from Grey and Blue Hydrogen?
- Fossil fuels are used to make grey hydrogen, which emits CO2.
- Blue hydrogen takes fossil fuels but sequesters the CO₂.
- Green hydrogen is the most environmentally friendly of the three since it is produced using renewable energy and emits no emissions.
2. What are the Main Applications of Green Hydrogen?
Green hydrogen is applied in industrial processes (ammonia, refining, steel), power generation, energy storage, and as fuel for transport applications such as buses, trucks, and trains.
3. What Role Does Electrolyzer Technology Play in the Creation of Green Hydrogen?
Electrolyzers use electricity to split water into hydrogen and oxygen. The scalability, efficiency, and cost of electrolyzers have a direct influence on the feasibility of green hydrogen production in India.
4. How Can Investors Fund the Green Hydrogen Market in India?
Investors can look into opportunities in electrolyzer production, renewable energy infrastructure for the production of hydrogen, green hydrogen companies, storage and transportation technologies, and collaboration with top players in the industry.
5. What are Some Challenges to Green Hydrogen Uptake in India?
The major challenges are high costs of production, insufficient capacity for electrolyzer production, scarce infrastructure, and a requirement for robust policy and financial incentives.
