The recent announcement emphasises India’s commitment to transitioning its maritime sector towards cleaner fuels, further advancing the earlier commitment to convert all tugboats to non-fossil fuel-based alternatives by 2030.

The integrated approach may create domestic demand for green hydrogen, which aligns with India’s comprehensive Green Hydrogen Mission, which aims to produce 5 MMT of green hydrogen annually by 2030.

What policy incentives will be introduced to address the concerns of financiers regarding the high costs associated with hydrogen bunkering, considering it is a novel technology?