New Delhi, Nov. 26 -- India is positioning itself to become the world's cheapest producer of green hydrogen, targeting a drastic cost reduction from USD 4.5 per kg to USD 1 per kg by 2030, former Niti Aayog CEO Amitabh Kant said on Wednesday.

Speaking at the National Green Economy Conclave, organised by Council on Energy, Environment and Water (CEEW), Kant said the move towards the low-cost green hydrogen is set to reshape industries such as steel, fertilisers, mobility and heavy transport. "If we crack the USD 1 per kg milestone, India will become the world's green energy powerhouse."

"The National Green Hydrogen Mission, rapid expansion of solar capacity, and declining renewable tariffs are all converging to make this ambition feasibl...