India's green hydrogen stocks are reshaping energy with sustainability at the forefront. Explore the leading companies driving this revolution.
Transforming India's Energy Future Backed by initiatives such as the National Green Hydrogen Mission and increased budget allocations, India's green hydrogen industry targets energy independence by 2047.
Market Cap: ₹5,00,990 Crore L&T leads in construction and engineering, integrating green hydrogen technology for industrial decarbonization. Headquartered in Mumbai, its innovations drive sustainable infrastructure. Data as of 26th December 2024. Source – NSE
Market Cap: ₹1,30,350 Crore As India's leading gas distribution firm, the Gas Authority of India Ltd. ventures into green hydrogen, leveraging renewable energy to produce eco-friendly fuel. Headquartered in New Delhi, it prioritizes sustainability. Data as of 26th December 2024. Source – NSE
Market Cap: ₹60,197 Crore JSL integrates green hydrogen in steel production, ensuring reduced emissions and greener processes. Based in Hisar, it is a global leader in stainless steel manufacturing. Data as of 26th December 2024. Source – NSE
Market Cap: ₹3,00,892 Crore ONGC pioneers hydrogen projects in oil exploration and production, with a vision for renewable energy integration. Headquartered in Dehradun, it drives India's energy shift. Data as of 26th December 2024. Source – NSE
Market Cap: ₹1,95,440 Crore IOC invests heavily in green hydrogen for refining and marketing, aiming for sustainable growth. Its projects span across India, fostering eco-friendly fuel innovations. Data as of 26th December 2024. Source – NSE
Market Cap: ₹1,26,805 Crore BPCL integrates hydrogen into refining operations, ensuring a greener future. Its extensive network boosts India's transition to renewable energy. Data as of 26th December 2024. Source – NSE
Market Cap: ₹16,56,246 Crore RIL spearheads green hydrogen production with cutting-edge technologies in its Jamnagar facility. The company focuses on achieving net-zero emissions. Data as of 26th December 2024. Source – NSE
Market Cap: ₹1,13,197 Crore JSW Energy leads in renewable energy, investing in hydrogen technologies to ensure cleaner power generation. It is headquartered in Mumbai. Data as of 26th December 2024. Source – NSE
India’s green hydrogen industry is set to transform the energy landscape, driven by the National Green Hydrogen Mission and a ₹600 crore budget boost. India’s green hydrogen mission is driven by leaders like Larsen & Toubro, Reliance, and NTPC.