India Can Match Oil-Producing Nations With Cheap Hydrogen, Says Nitin Gadkari

Road Transport and Highways minister Nitin Gadkari on Wednesday said India can transform from being an energy importer to a global exporter if it can cut the cost of hydrogen production to one dollar per kilogramme.

- MPOST BUREAU

NEW DELHI:

Delivering the 24th Darbari Seth Memorial Lecture at The Energy and Resources Institute, the minister said that at present, hydrogen costs about USD 5-6 per kg, making it expensive compared to conventional fuels.

"If we succeed in bringing it down to USD 1 per kg, India will be in a position similar to today's oil-producing countries," Gadkari said while stressing that hydrogen would play a decisive role in shaping the energy future.

The minister said the biggest hurdle lies in setting up hydrogen filling stations and developing systems to transport the fuel.

"These areas need urgent and extensive work," he said.