Uttar Pradesh has attracted private investment proposals totaling nearly Rs 1.15 trillion in the green hydrogen sector, as part of its efforts to bolster the state’s clean energy roadmap. Seventeen companies have submitted proposals, which are expected to create 20,000 jobs. Among the key investors, UK-based Trafalgar Square Capital plans to set up a 10,000-tonnes-per-annum green hydrogen production facility near Lucknow.
Textile giant Welspun Group is investing Rs 400 billion in a green hydrogen or ammonia plant in Bulandshahr, while Hygenco Green Energies aims to establish a 0.2 million-tonne green hydrogen facility in Prayagraj with an investment of Rs 160 billion.
The Yogi Adityanath government has set an ambitious target of producing 1 million tonnes of green hydrogen or ammonia annually by 2029. Under the UP Green Hydrogen Policy 2024, the state offers administrative and financial incentives to promote production and facilitate market creation. The policy focuses initially on using hydrogen in nitrogenous fertilizers and refinery industries, with plans to expand to other sectors in alignment with the National Green Hydrogen Mission.
Uttar Pradesh has also streamlined the process for new projects with a single-window clearance system and is building a database of land and water resources to support power transmission. India’s vast renewable energy resources, particularly solar and wind, position the country to become one of the most cost-effective producers of green hydrogen globally, according to the International Energy Agency.