Adani Enterp. 2593.20↓-40.50(-1.54%)
Adani Ports 726.55↓-7.50(-1.02%)
Apollo Hospitals 4587.90↑37.50(0.82%)
Asian Paints 3114.95↓-5.65(-0.18%)
Axis Bank 914.65↓-1.50(-0.16%)
B P C L 368.15↑1.55(0.42%)
Bajaj Auto 4533.55↑35.45(0.79%)
Bajaj Finance 6813.95↑33.40(0.49%)
Bajaj Finserv 1443.50↑6.25(0.43%)
Bharti Airtel 801.30↑1.35(0.17%)
Britannia Inds. 4563.85↑42.20(0.93%)
Cipla 930.75↑0.35(0.04%)
Coal India 240.10↑0.80(0.33%)
Divi's Lab. 3368.40↓-17.40(-0.51%)
Dr Reddy's Labs 4507.00↑46.45(1.04%)
Eicher Motors 3622.00↑20.40(0.57%)
Grasim Inds 1693.65↓-4.30(-0.25%)
H D F C 2692.30↓-13.55(-0.50%)
HCL Technologies 1110.20↑2.85(0.26%)
HDFC Bank 1627.95↓-9.25(-0.56%)
HDFC Life Insur. 567.45↑4.75(0.84%)
Hero Motocorp 2716.65↑6.20(0.23%)
Hind. Unilever 2622.15↓-6.15(-0.23%)
Hindalco Inds. 406.55↓-3.75(-0.91%)
ICICI Bank 949.55↓-3.85(-0.40%)
IndusInd Bank 1253.00↓-7.20(-0.57%)
Infosys 1300.80↑0.75(0.06%)
ITC 432.10↑2.95(0.69%)
JSW Steel 703.80↓-0.30(-0.04%)
Kotak Mah. Bank 1939.10↑17.60(0.92%)
Larsen & Toubro 2208.00↑10.35(0.47%)
M & M 1267.00↓-1.55(-0.12%)
Maruti Suzuki 9298.60↑97.90(1.06%)
Nestle India 21394.30↓-9.40(-0.04%)
NTPC 175.00↑0.85(0.49%)
O N G C 165.85↑0.85(0.52%)
Power Grid Corpn 236.55↑2.45(1.05%)
Reliance Industr 2456.95↑2.40(0.10%)
SBI Life Insuran 1172.80↑7.20(0.62%)
St Bk of India 583.40↑1.80(0.31%)
Sun Pharma.Inds. 934.45↑2.85(0.31%)
Tata Consumer 770.85↑0.80(0.10%)
Tata Motors 527.55↓-0.95(-0.18%)
Tata Steel 105.40↓-0.20(-0.19%)
TCS 3309.95↑12.90(0.39%)
Tech Mahindra 1097.50↑7.00(0.64%)
Titan Company 2698.40↑14.95(0.56%)
UltraTech Cem. 7656.00↑1.75(0.02%)
UPL 682.20↑1.55(0.23%)
Wipro 397.25↓-0.40(-0.10%)

NTPC, Reliance, Adani top green hydrogen plays to bet on, say analysts

As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries

Harshita Singh New Delhi

The world’s third-largest carbon emitter put out a roadmap in February to become a hub for the production and export of green hydrogen -- made from water and renewable electricity. (Photo: Bloomberg)

Premium

(Photo: Bloomberg)

4 min read Last Updated : Jan 19 2023 | 9:48 PM IST

The government’s National Green Hydrogen mission is set to provide a fillip to the renewable energy sector by making green hydrogen significantly cheaper, aiding the industry to establish global supply chains, analysts say.

The reduced cost of the green fuel is meant to make it competitive against the widely used grey hydrogen, which is produced from fossil fuels.

As per experts, producing grey hydrogen currently costs around Rs 160-220 per kg, much lower than green hydrogen. Though the policy push will bring the cost of the green fuel at par with that of grey hydrogen.