NTPC in talks with Japan, South Korea, Germany for green fuel exports

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The Economic Times daily newspaper is available online now. Read Today's Paper NTPC in talks with Japan, South Korea, Germany for green fuel exportsReutersLast Updated: Oct 13, 2026, 12:43:00 PM ISTSynopsis

NTPC is currently engaged in discussions with potential buyers from Japan, South Korea, and Germany. The company aims to establish a green hydrogen hub in Andhra Pradesh for producing green ammonia and methanol. These green fuels are becoming increasingly important for industries seeking to reduce emissions effectively. With government support of approximately $2.1 billion, India plans to produce five million metric tons of green hydrogen annually by 2030.

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Loading...×New Delhi: India's top power producer NTPC is in talks with potential buyers in Japan, South Korea and Germany for green ammonia and other low-carbon fuels, Chairman Gurdeep Singh said on Tuesday.

India has outlined plans to become a major green hydrogen producer, even as developers worldwide have struggled to secure the long-term offtake agreements required to underpin large-scale investments

Also Read: NTPC to set aside Rs 16,70,000 crore for capex over next 11 years; focuses on nuclear power, renewables and battery storage, eyes 250 GW capacity by 2037

NTPC is in talks with prospective overseas customers as it develops a proposed green hydrogen hub in the southern state of Andhra Pradesh, Singh said at an event organised by the Indian Chamber of Commerce

The project is expected to produce green ammonia and green methanol, which are considered more practical than hydrogen for transportation and international trade

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"We have to make hydrogen a business," Singh said, adding that the focus was shifting from pilot projects to commercially viable ventures

Also Read: NTPC may buy 10 million tonnes of coal from commercial mines

The comments underscore efforts by Indian companies to secure demand as they seek to turn government-backed hydrogen ambitions into commercially viable projects

Backed by subsidies of roughly $2.1 billion, New Delhi aims to produce 5 million metric tons of green hydrogen annually by 2030

Demand for green ⁠fuels is expected to rise as industries look for alternatives to fossil fuels to reduce missions and ⁠meet decarbonisation targets
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