New Delhi, Dec. 14 -- India's hydrogen demand is poised to double to nearly 12 million tonnes per annum (mtpa) by 2030, according to a Nuvama Institutional Equities report. The expected rise comes mainly from fertiliser, refining and petrochemical sectors.

The report says that fertilisers will make up more than half of this demand, reaching about 6.1 mtpa by 2030, while refineries may need about 4.5 mtpa. Petrochemicals could add another 1.3 mtpa as new capacity comes up. "GH2 (green hydrogen) uptake in steel, long-haul heavy-duty transportation, shipping and power could emerge as GH2 consuming sectors in the long term," the report said.

India is trying to build this future through the National Green Hydrogen Mission, which is the main ...