Green Hydrogen Production

15 companies Updated 24 Mar 2026

Companies investing in green hydrogen production, electrolyzers, and hydrogen fuel infrastructure across energy and chemicals sectors.

Sectors represented: Capital Goods, Power, Financial Services

Companies with exposure to green hydrogen production

MTARTECH

Mtar Technologies Limited

Capital Goods
annual report · 2023

This cost reduction goes. up to 40-45% with production volume of. 200,000 units i.e., 20x times growth in. fuel cell production.Manufacturing costs. largely drive the cost for fuel cells, which,. in turn, is largely determined by. production volume. Today, fuel cell. manufacturing is manual and smaller in. scale, with material cost forming a lower. share of 10-30% for an annual production.

JSWENERGY

JSW Energy Limited

Power
annual report · 2024

The Ministry of New. and Renewable Energy defines green hydrogen as. having a well-to-gate emission (i.e., including water. treatment, electrolysis, gas purification, drying, and. compression of hydrogen) of not more than 2 kg CO. 2 een hydrogen as. having a well-to-gate emission (i.e., including water. treatment, electrolysis, gas purification, drying, and.

NHPC

NHPC Limited

Power
annual report · 2024

Ministry of New and Renewable Energy in January,. 2023 aims to make India a ‘global hub’ for using,. producing and exporting green hydrogen. ional Green Hydrogen Mission launched by. Ministry of New and Renewable Energy in January,. 2023 aims to make India a ‘global hub’ for using,. producing and exporting green hydrogen. Green. Hydrogen Technology is at nascent stage and.

ENRIN

Siemens Energy India Limited

Capital Goods
annual report · 2026

As a part of EAD portfolio, the Company won key orders for a new CO. 2. e-compressor system from a major industrial player,. electrification and automation solutions for seven hybrid passenger ferries for a regional transport authority, and similar. solutions for six additional hybrid passenger ferries. Another significant order involved the electrification and automation of.

GVT&D

GE Vernova T&D India Limited

Capital Goods
annual report · 2023

By. achieving these targets, the mission will contribute to India's energy. independence and the decarbonization of major sectors of the. economy. The targets set by the mission are not limited to meeting India's on will contribute to India's energy. independence and the decarbonization of major sectors of the. economy. The targets set by the mission are not limited to meeting India's.

IREDA

Indian Renewable Energy Development Agency Limited

Financial Services
annual report · 2024

Indian government initiated a re-bidding process for. the 10 GWh tranche of the unallocated 20 GWh. capacity under the Production Linked Incentive (PLI) tlay of `3,620 Crore. In April 2024, the. Indian government initiated a re-bidding process for. the 10 GWh tranche of the unallocated 20 GWh. capacity under the Production Linked Incentive (PLI).

ENGINERSIN Engineers India Limited Construction
annual report · 2024

Consultancy Services for Feasibility Study of Hydrogen Gas Transportation through Pipeline from Khavda to Mundra,. Gujarat for Adani New Energies Ltd. clients in the entire green hydrogen value chain. Consultancy Services for Feasibility Study of Hydrogen Gas Transportation through Pipeline from Khavda to Mundra,. Gujarat for Adani New Energies Ltd.

TARIL Transformers And Rectifiers (India) Limited Capital Goods
annual report · 2024

The hydrogen market presents significant opportunities, with an estimated. value of $410 billion USD by 2030, exhibiting a robust compound annual. growth rate (CAGR) of 7.8%. ket. The hydrogen market presents significant opportunities, with an estimated. value of $410 billion USD by 2030, exhibiting a robust compound annual. growth rate (CAGR) of 7.8%. Hydrogen is emerging as a clean and versatile...

GAIL GAIL (India) Limited Oil Gas & Consumable Fuels
annual report · 2024

Clean hydrogen is expected to play a crucial role in. decarbonizing the energy value chain. However, significant. research challenges in electrolyzers, fuel cells and hydrogen. storage systems must be resolved to expand the hydrogen. value chain. g the energy value chain. However, significant. research challenges in electrolyzers, fuel cells and hydrogen.

RPOWER Reliance Power Limited Power
annual report · 2025

As the demand for energy storage grows due to significant. additions to renewable energy capacity, the Indian Government. is focusing on a multi-pronged strategy for energy storage. development and decarbonization of backup power. Battery. Energy Storage Systems (BESS) offer a location-agnostic. energy storage solution that can be rapidly deployed. storage.

IEX Indian Energy Exchange Limited Financial Services
annual report · 2023

Green Hydrogen Mission, which came into motion. in 2022, India set foot on the path to position herself. as a leader in Green Hydrogen technology. objectives of the National. Green Hydrogen Mission, which came into motion. in 2022, India set foot on the path to position herself. as a leader in Green Hydrogen technology. Mooted. as a ‘sunrise sector’, Green Hydrogen is a perfect.

INOXWIND Inox Wind Limited Capital Goods
annual report · 2023

Pradesh. 00000324.4000000324.42844.3. 6Maharashtra00000000000005012.8. 7Rajasthan9079041.2039.81050000511.6866.65193.4. 8Tamil Nadu0002.74.9062.10271.218.934.1150.810017.2. 9Telangana0000000000000128.1. 10Other00000000000004.3. To t a l170.5178.381.7105.3311.4461.4177.951.334.553.432.2617.82275.642633.1. INDIAN WIND TURBINE MANUFACTURING ASSOCIATION. CAPACITY ADDITION - FY 2022-23. .

KIRLOSENG Kirloskar Oil Engines Limited Capital Goods
annual report · 2024

However, its adoption. in power generation has been hindered by challenges such as storage,. transportation, and cost-effectiveness. ty, has long been. hailed as a promising alternative to fossil fuels. However, its adoption. in power generation has been hindered by challenges such as storage,. transportation, and cost-effectiveness. Kirloskar Oil Engines’ Dual Fuel.

GMDCLTD Gujarat Mineral Development Corporation Limited Metals & Mining
annual report · 2025

Looking beyond standalone assets, GMDC has embarked on. a landmark hybrid energy collaboration with Gujarat Alkalies. and Chemicals Limited (GACL) to co-develop a 270 MW. hybrid renewable energy project, comprising 135 MW each of. solar and wind. A Clean Leap Forward: Blue Hydrogen Through Coal. and Lignite Gasification. While renewables provide immediate gains in.

SALASAR Salasar Techno Engineering Limited Capital Goods
annual report · 2023

GW of renewable energy capacity. 57 solar parks with an. aggregate capacity of 39.28 GW have been approved. domestically. of green hydrogen by 2030. This will be supported by 125. GW of renewable energy capacity. 57 solar parks with an. aggregate capacity of 39.28 GW have been approved. domestically. The Government has also set an off-shore. target of 30 GW by 2030 through Wind Energy. Challenges.

See all 15 companies

Subscribe to unlock the full theme analysis and API access.

Start free trial
Search filings yourself →