Indian companies have achieved a significant milestone in the green hydrogen sector, signing what the government describes as the world's largest green hydrogen offtake commitments. According to the Ministry of New and Renewable Energy (MNRE), Indian companies have secured firm green hydrogen offtake commitments totalling 5,55,610 metric tonnes per annum (MTPA) as of October 2026, positioning India as the global leader in Green Hydrogen supply commitments. The ministry stated that till October 2026, Indian companies have signed 18 new offtake agreements during 2026, covering more than 4,00,000 MTPA of green hydrogen-equivalent supply, bringing the total number of agreements signed since the mission's launch in 2023 to 23 contracts covering over 5,50,000 tonnes per annum (TPA) of green hydrogen equivalent. Of the total contracted quantity, 4,07,355 MTPA, or approximately 73 percent, is earmarked for exports, while the remaining 1,48,255 MTPA, representing 27 percent, is allocated to domestic markets.
These green hydrogen projects are expected to attract total investments of around ₹90,000 crore ($9.5 billion) as Indian suppliers offer competitive prices for green ammonia and green methanol. As reported by MNRE, these strategic partnerships strengthen India's position in European and Japanese markets, with green hydrogen derivatives increasingly being adopted in fertiliser production and refining to enable industrial decarbonisation. Green ammonia is also emerging as a cleaner bunkering fuel for the global shipping industry and being deployed for ammonia co-firing in thermal power plants to reduce carbon emissions. The agreements cover green hydrogen and its derivatives, including green ammonia and green methanol, with Indian companies securing supply arrangements in major international markets such as Japan, Germany and South Korea.
Reliance Industries (RIL) has entered into a long-term supply and purchase agreement with South Korea's Samsung C&T Corporation valued at more than $3 billion, making it one of the largest green ammonia offtake contracts globally. Deliveries under this agreement are expected to begin by 2028. ACME Group has signed a contract to supply 4,88,000 MTPA of green ammonia to Japan's IHI Corporation, alongside another agreement to supply 1,00,000 MTPA of green methanol to Mitsubishi Gas Chemical. L&T and ITOCHU have established a special purpose vehicle for the supply of 3,00,000 tonnes annually of green ammonia, with deliveries expected to begin in December 2029. Other significant agreements include Jouno Joules' agreement with Select Energy GmbH for approximately 2,19,000 MTPA of green ammonia and Agastya's proposed supply of 2,50,000 MTPA of green methanol to Sri Lanka's SAR, for which an offtake arrangement remains under development. AM Green has been selected as the sole winner of the Asian lot in the H2Global auction run by HINT.CO GmbH, securing a long-term purchase agreement for the supply of Renewable Fuels of Non-Biological Origin (RFNBO) ammonia to Germany, with HINT.CO purchasing ammonia from AM Green for a minimum value of €585 million over 10 years, with first deliveries expected in 2029.
Under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme of the National Green Hydrogen Mission, agreements have been signed for the production and supply of 6,70,000 MTPA of green ammonia to 11 fertiliser manufacturing units across the country. Projects have also been awarded for the production and supply of 30,000 MTPA of green hydrogen to refineries operated by Indian Oil Corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Numaligarh Refinery Limited. AM Green has signed a firm offtake agreement with Uniper, Germany for the supply of 2,50,000 MTPA of Green Ammonia and AM Green has also signed a binding head of agreement with Japan's major power producer JERA for the long-term supply of 70,000 MTPA of green ammonia. The company is also set to supply green ammonia to a 'world first' clean-shipping initiative in Japan, marking a significant milestone in India's maritime decarbonisation efforts. These comprehensive domestic and international agreements are driving substantial clean energy investments and positioning India as a global leader in green hydrogen development.
The National Green Hydrogen Mission was approved by the Union Cabinet in January 2023 with an initial outlay of ₹19,744 crore up to 2029-30. The mission targets production of at least 5 million metric tonnes per annum (MMTPA) of green hydrogen by 2030, with the current commitments representing approximately 11 percent of India's annual green hydrogen production target. Its expected outcomes include the addition of 125 GW of renewable energy capacity, more than ₹8 lakh crore in total investment, creation of over 600,000 full-time jobs and avoidance of 50 million tonnes of carbon emissions annually. According to CareEdge-ESG, India's green hydrogen sector could attract up to $200 billion by 2030, though the report warns that the path from announcements to operating plants remains blocked by high costs, weak infrastructure and uncertain demand. The sector's next phase may depend on whether policy, pricing and infrastructure can converge quickly enough, with commercially viable projects and competitive production costs being key determinants of actual adoption rates.
