India will put up barriers in green hydrogen trade in response to other nations imposing restrictions, the nation's renewable energy ministry said at a conference on Wednesday, as reported by Reuters.
The country actively seeks renewable energy sources, green hydrogen as one of them, to help cut its emissions and to reach its target of achieving net-zero carbon emissions by 2070. Prime Minister Narendra Modi has set a target to produce 5 million tons of green hydrogen by 2030.
India is already in discussions with Germany over conditions in its hydrogen purchase tender with the European Union, which members of Indian industry found restrictive. The tender, issued in December, has a condition stating that the distance between the hydrogen manufacturing plant and the renewable energy plant should be 500 kilometres or less, an industry source at the conference told Reuters.
"Some countries are putting barriers on green hydrogen (trade and technology). If they are putting up barriers we will also put up barriers, then you will be losing out on our market," Power and Renewable Energy Minister R K Sing said at the International Conference on Green Hydrogen.
Earlier this year, Singh said that huge subsidies announced by some developed countries for their green hydrogen sectors can distort trade and is in violation of World Trade Organization (WTO) norms.
Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished
