Impact at a Glance

    –  Initiative launched in September 2023 by the Union Finance Minister, the Honourable Smt. Nirmala Sitharaman to support India’s National Green Hydrogen Mission and accelerate the country’s clean energy transition
–  Focus on energy efficiency, scalability, and cost-effective hydrogen production
–  Six breakthrough projects shortlisted from top Indian institutions
–  Innovations incubated at IIT Bombay with a focus on commercial readiness and scale-up

Breakthrough Technologies

The selected projects address critical challenges across hydrogen production, storage, transport, and use. Highlights include:

–  Indigenous multi-stack alkaline electrolyser
–  Locally developed hydrogen storage systems
–  Sustainable burners as alternatives to conventional combustion
–  Tools for hydrogen blending with natural gas
–  High-efficiency hydrogen generators
–  Cost-effective production technologies

Leadership Insight

“We believe that green hydrogen is a necessary lever to achieve a low-carbon economy. Our partnership with IIT Bombay reflects this belief and is in line with our global commitment to sustainability. It is overwhelming to see the great response to this programme and the innovative ideas we’ve received. We look forward to working with IIT Bombay to nurture these six innovations to make green hydrogen a cost-effective, scalable, and sustainable proposition.”

– Hitendra Dave, CEO, HSBC India

“IIT Bombay is honoured to join forces with HSBC India in a transformative endeavour to drive India toward energy independence by setting up a thriving green hydrogen economy. This partnership is set to catalyse a cleaner, self-reliant India, and elevate our role as a leader in the global green energy movement.”

— Prof. Shireesh Kedare, Director, IIT Bombay

Future-Ready Collaboration

This initiative exemplifies how academia and industry can co-create high-impact solutions. It strengthens India’s sustainability goals while enabling corporates to meet their ESG commitments through innovation-driven CSR.