As India accelerates its journey toward net zero, the decarbonisation of its petroleum refining and petrochemical sector stands as a critical frontier.
Green hydrogen—produced using renewable energy—has emerged as a game-changer, offering a pathway to deep emissions cuts in some of the country’s most energy- and carbon-intensive industries. The recent green hydrogen price discoveries in this sector has been promising.
Yet, the transition is complex. The sector faces a unique set of challenges: high capital costs, evolving policy frameworks, and the need for robust supply chains and infrastructure. Without a clear, data-driven roadmap, the promise of green hydrogen risks being lost in translation—leaving both climate goals and commercial opportunities unrealised.
This flagship report from our Energy Leap team, “Green Hydrogen in India’s Petroleum Refining and Petrochemical Sector”, provides a comprehensive analysis of the sector’s decarbonisation potential and the practical steps needed to unlock it. Here, we explore:
- The current and projected demand for hydrogen in India’s refining and petrochemical industries
- The economic and operational barriers to green hydrogen adoption—and how to overcome them
- Cost of carbon abatement derived from recent price discovery and how it compares against other technologies deployed at scale globally
- Policy levers, investment models, and partnership opportunities to accelerate scale-up
- Policy dilemmas related to enacting hydrogen purchase obligations
- The critical role of cross-sector collaboration in building a resilient, future-ready hydrogen ecosystem
By combining rigorous analysis with actionable insights, this report equips decision-makers—industry leaders, investors, and policymakers—with the strategic direction needed to move from ambition to action.
So what’s in it for your business? The opportunity to lead in a rapidly evolving market, capture new value streams, and future-proof operations against tightening climate regulations.
The time to act is now. Download the full report to discover how green hydrogen can power India’s next industrial leap—and how your organisation can be part of the solution.
Varun Desai
Manager
Bhaskar Jha
Consultant
