Observing that India is a significant user of Green Hydrogen, he predicted that India will be the world leader in Green Hydrogen production. Because of its favorable climatic circumstances, India might be the world's cheapest producer of green hydrogen, according to National Institution for Transforming India (NITI) Aayog Chief Executive Officer (CEO) Amitabh Kant on Tuesday.
Kant stated at an interactive session at the Raisina Dialogue that India had reduced the cost of renewable energy. India is large and vast. India has the potential to be the world's cheapest producer of green hydrogen. India is the only climatically fortunate country capable of doing so He stated.
While noting that China lacks the climatic conditions to become the cheapest producer of Green Hydrogen, Kant stated that India will have to compete with nations in the Middle East. Observing that India is a significant user of Green Hydrogen, he predicted that India will be the world leader in Green Hydrogen production.
The long-term solution to the world, according to Kant, does not lay in batteries. "The world cannot be dependent on lithium, cobalt, and nickel, the world's resources are governed by one country," he said. Second, he remarked that they will generate their own complexity in terms of creating a cleaner future world.