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In August 2025, the Solar Energy Corporation of India (SECI) announced a record-low price of ₹49.75 per kg ($569 per MT) for green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program, a significant drop from the 2024 H2Global auction’s ₹100.28 per kg ($1,153 per MT). This article examines the price discovery, auction winners, cost drivers, broader implications, including import substitution, export potential, market development, and associated risks and mitigants, along with a detailed table of the auction winners.

The Indian government’s National Green Hydrogen Mission, launched in early 2023, set an ambitious target of 5 million tonnes (MT) of green hydrogen production in India by 2030. However, over two years down the line, significant challenges persist despite plentiful project announcements and private sector financial commitments, leading to slow execution and raising concerns about meeting this goal.

India possesses all the fundamental ingredients for green hydrogen success—we benefit from abundant low-cost renewables, substantial infrastructure advantages, and the technological capability to lead globally. However, industry and government leaders face a sobering reality today: despite years of strategic planning and policy announcements, progress remains slow. 

In 2024, Energy Leap emerged as a powerful catalyst for India’s clean energy innovation ecosystem, establishing itself as a transformative force in the journey toward a sustainable energy future. Our mission is clear: to accelerate the production and consumption of clean hydrogen in India through the rapid adoption of scalable technologies.

Hydrogen is critical in the global push toward decarbonization, particularly to achieve a low-carbon economy. Current hydrogen production processes emit around 1,200 million tons of CO2 annually, accounting for ~3% of global carbon emissions. The majority of the 95 million tons of hydrogen produced in 2022 came from fossil fuels, with natural gas accounting for about three-quarters of the production …

India is poised for strong economic growth over the next few decades. However, as the world’s third highest greenhouse gas (GHG) emitter1, balancing economic growth with  environmental impact is imperative. Moreover, the country has already committed to reducing the carbon emissions intensity of its gross domestic product (GDP) by 45% by 2030 and to net zero by 2070.  According to a …

India’s industrial sector, consuming 51% of the nation’s energy and generating 31% of energy-related emissions, presents a critical decarbonization challenge through its heating requirements. While green hydrogen offers promise, the path to sustainable industrial heating requires a strategic assessment of multiple solutions – from bio-derived fuels to electric heating systems and thermal storage. Success lies in understanding how these technologies …