Lok Sabha Question No. 6012 (UNSTARRED), answered on 2026-04-01
Subject: Mobilising Investment for Green  Hydrogen Production
Ministry: NEW AND RENEWABLE ENERGY
Asked by: Shri  Selvaganapathi T.M.

## GOVERNMENT OF INDIA

## MINISTRY OF NEW AND RENEWABLE ENERGY

## LOK SABHA

## UNSTARRED QUESTION NO. 6012

ANSWERED ON 01.04.2026

## MOBILISING INVESTMENT FOR GREEN HYDROGEN PRODUCTION

## 6012. SHRI SELVAGANAPATHI T.M.

Will the Minister of NEW AND RENEWABLE ENERGY be pleased to state:

- (a) whether it is a fact that the National Green Hydrogen Mission (NGHM) targets 5 million tonnes of production by the year 2030 and if so, the details thereof;
- (b) whether it is also a fact that the country's plan to reach 500 GW of non -fossil capacity by the year 2030 would require an investment of around Rs. 30 lakh crore and if so, the details thereof;
- (c) whether it is also a fact that the Government plans to mobilize the required investment through green bonds, blended finance structures and multilateral participation alongside growing interest from global investors seeking long term stable returns; and
- (d) if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE FOR NEW & RENEWABLE ENERGY AND POWER

## (SHRI SHRIPAD YESSO NAIK)

(a) The Government of India is implementing the National Green Hydrogen Mission (NGHM), with an objective to make India a global hub of production, usage and export of green hydrogen and its derivatives.

The Mission aims to establish Green Hydrogen production capacity of 5 Million Metric Tonnes (MMT) per annum by 2030.

(b) to (d) As per the Indian Renewable Energy Development Agency (IREDA) report ' Investment and Financing in Renewable Energy and Associated Infrastructure' , an estimated investment of Rs.30.54 Lakh Crores is envisaged from year 2023-24 till year 2029-30, for achieving the target of 500 GW non-fossil based power capacity by 2030. The details of estimated total investment requirement, including generation, transmission, and  manufacturing  infrastructure are at Annexure.

The  Government  has  adopted  a  multi-pronged  strategy  to  mobilize  the  required  investment, leveraging a mix of green bonds, blended finance mechanisms, multilateral and bilateral climate finance, along with increasing participation from domestic and global investors seeking stable long-term returns.

These measures have contributed to sustained investor interest, with foreign direct investment (FDI) inflows of about USD 19.3 Billion received in renewable energy sector from year 2013-14 till  year  2024-25.  During the same period, total  capital deployed in the sector is estimated  at around ₹ 10.79 lakh crore, reflecting the strong momentum in the investment and sectoral growth.

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## Overall expected investments in RE & enabling infrastructure (including Manufacturing & Transmission) by 2030

To achieve India's 2030 ambitions, India needs to massively scale up funding for renewables. Below are the projections for Investments in-line with India's 500 GW ambition:

| Sector                                                                                                | Capacity Additions Expected                                                                           | Expected Investment (Crores)   |
|-------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|--------------------------------|
| Renewable Energy Estimates                                                                            |                                                                                                       |                                |
| Solar                                                                                                 | 226GW                                                                                                 | ~1,147,000                     |
| Wind (Onshore + Offshore)                                                                             | 57GW                                                                                                  | ~419,500                       |
| Large Hydro                                                                                           | 12GW                                                                                                  | ~146,000                       |
| Small Hydro                                                                                           | 0.4GW                                                                                                 | ~2,700                         |
| PSP                                                                                                   | 14GW                                                                                                  | ~121,000                       |
| BESS                                                                                                  | 42GW                                                                                                  | ~308,000                       |
| Biomass and WTE                                                                                       | 4GW                                                                                                   | ~38,000                        |
| Other Key technologies                                                                                |                                                                                                       |                                |
| Bioethanol Bio-Diesel                                                                                 | 1,701 Cr liter pa 695 Cr liter pa                                                                     | ~41,000                        |
| Compressed Biogas                                                                                     | 15MMT                                                                                                 | ~92,000                        |
| Manufacturing Investments (Solar, Electrolyzer, Wind &Battery)                                        | Under Solar PLI -48GW Electrolyzer - 10GW                                                             | ~199,000                       |
| Transmission                                                                                          | 50,890 сKM + 433,575 MVA+Green Energy Corridors                                                       | ~260,000                       |
| Green Hydrogen (excluding Renewables)                                                                 | 5 MTPA                                                                                                | ~280,000                       |
| Total expected investments (excluding large hydro) Total expected investments (including large hydro) | Total expected investments (excluding large hydro) Total expected investments (including large hydro) | ~ 2,908,200 ~3,054,200         |

This data has been compiled from multiple reports/documents published by Ministries (MNRE and others), their respective agencies including CEA and secondary research on various topics.