New Delhi, October 30, 2026: Indian companies have signed 23 green hydrogen-related supply agreements covering annual commitments equivalent to 5,55,610 metric tonnes of green hydrogen, with more than 70% earmarked for exports. The Ministry of New and Renewable Energy estimates that fulfilling these agreements would require investment exceeding ₹90,000 crore.
According to the ministry’s October 29 announcement, 18 agreements were signed in 2026 alone, accounting for more than four lakh metric tonnes of annual green hydrogen-equivalent supply.
The agreements cover green hydrogen and related products, including green ammonia and green methanol, which have applications in industries such as fertiliser manufacturing, energy and shipping. The combined commitments are expressed in hydrogen-equivalent terms rather than the actual weight of the different products.
Major international agreements include ACME Group’s contract to supply 4,88,000 tonnes of green ammonia annually to Japan’s IHI Corporation and 1,00,000 tonnes of green methanol annually to Mitsubishi Gas Chemical.
Reliance Industries has signed a green ammonia supply agreement worth more than $3 billion with South Korea’s Samsung C&T Corporation, with deliveries expected to begin by 2028.
Larsen & Toubro and Japan’s ITOCHU have established a special purpose vehicle for the proposed annual supply of 3,00,000 tonnes of green ammonia, with deliveries expected to begin in December 2029.
AM Green has secured agreements involving green ammonia supplies to international buyers, including Germany’s Uniper and Japan’s JERA. Its arrangement through Germany’s H2Global mechanism involves purchases worth at least €585 million over ten years, with initial deliveries expected in 2029.
Domestic demand is also being supported under the National Green Hydrogen Mission. Agreements have been signed to supply 6,70,000 tonnes of green ammonia annually to 11 fertiliser units, while projects covering 30,000 tonnes of annual green hydrogen supply have been awarded for Indian refineries.
These domestic figures relate to separate programme announcements and should not be added directly to the headline hydrogen-equivalent total.
The National Green Hydrogen Mission aims to achieve annual green hydrogen production of at least five million tonnes by 2030. The 5,55,610-tonne supply commitments represent approximately 11% of that target.
The ministry said the agreements indicate growing demand for Indian green hydrogen products, particularly in overseas markets.
However, the contracted quantities represent future supply commitments, not production or exports already completed. Similarly, the estimated ₹90,000 crore investment requirement does not mean that the full amount has been committed or spent.
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