Top Hydrogen Manufacturing Companies Shares in India 2025

Wondering which hydrogen manufacturer in India truly stands out? With the world racing towards clean energy, choosing the right supplier can make all the difference for your business—or your investments. The challenge is clear: not all factories offer the same reliability, technology, or future growth. By comparing the top hydrogen manufacturing companies in India, you unlock smarter choices, better partnerships, and the confidence to move forward. Ready to power up your success? Let’s dive into the rankings!

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Product Details:
The page highlights leading Indian companies involved in the green hydrogen space, focusing on their roles in the production, distribution, and support of green hydrogen. Companies include ONGC, Reliance Industries, BPCL, IOCL, Jindal Stainless Ltd, JSW Energy, NTPC, Adani Green Energy, GAIL (India), and Larsen & Toubro. These companies primarily provide green hydrogen energy, infrastructure, and related technological solutions.

Technical Parameters:
– Market capitalization, close price, PE ratio, fundamental score, and 5-year
– Companies operate in sub-sectors such as Oil & Gas – Exploration & Production,
– Green hydrogen is produced using renewable energy sources via water

Application Scenarios:
– Clean transportation and fuel supply for vehicles and industries
– Integration with power generation and renewable energy grids
– Industrial processes such as iron and steel manufacturing
– Replacement of traditional fossil fuel-based hydrogen in refineries and

Pros:
– Supports India’s net zero and energy independence targets
– Reduces emissions and environmental impact through clean energy solutions
– Promotes industrial innovation and sustainability
– Potential for long-term financial returns by investing in a growing sector

Cons:
– High initial investment and infrastructure costs
– Industry faces technological and operational challenges in scaling up
– Market is impacted by policy changes and government support fluctuations
– Returns may be volatile and subject to sectoral risks


Green Hydrogen Stocks in India 2025: Top Energy Shares on NSE - hydrogen manufacturing companies shares in india

Best Green Hydrogen Stocks in India 2025 – Groww

Product Details:
The company offers green hydrogen production solutions as well as equipment and technology for hydrogen generation, storage, and distribution. It also provides related services for renewable energy projects focused on green hydrogen.

Technical Parameters:
– Utilizes electrolyzers powered by renewable energy sources (such as solar and
– Focus on low-carbon or zero-emission hydrogen generation technologies

Application Scenarios:
– Industrial use as a clean energy source
– Fuel for green vehicles (fuel cell vehicles)
– Energy storage and grid balancing using hydrogen

Pros:
– Enables production of hydrogen with minimal carbon emissions
– Supports decarbonization of industrial and transport sectors
– Growing demand due to government incentives and clean energy policies

Cons:
– High initial capital investment required for setting up infrastructure
– Technological challenges related to large-scale hydrogen storage and transport

List of Best Green Hydrogen Stocks in India (2025) – smallcase

Top 5 Green Hydrogen Stocks in India 2025 – Businesses Ranker

Product Details:
Reliance Industries Limited (RIL) is building a green energy ecosystem including green hydrogen production facilities, focusing on electrolyzer manufacturing, hydrogen storage, and transportation technologies. The company plans to integrate its renewable energy capacity for cost-competitive green hydrogen.

Technical Parameters:
– $10 billion investment over three years in clean energy infrastructure
– Electrolyzer manufacturing for green hydrogen production
– Development of hydrogen storage and transportation technologies

Application Scenarios:
– Decarbonization of heavy industries such as steel and chemicals
– Clean fuel supply for transportation sector
– Hydrogen storage and distribution for industrial applications

Pros:
– Comprehensive approach covering the full green hydrogen value chain
– Strong financial investment supporting large-scale projects
– Integration with renewable energy assets to lower production costs
– Focus on technological innovation to drive efficiency and scalability

Cons:
– High initial investment and long payback period
– Technological and regulatory risks inherent to an emerging industry

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List of top green hydrogen stocks in India by market capitalisation

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Best Green Hydrogen Stocks in India 2025 – stockdaddy.in

Product Details:
The companies listed (Larsen and Toubro, NTPC, Reliance Industries, Adani Green Energy, ONGC) are involved in the production and application of green hydrogen in India. Their offerings include manufacturing, engineering, renewable energy generation, utilization of green hydrogen for chemicals, fertilizers, e-fuels, and plans for large-scale production of green ammonia. Green hydrogen is produced via electrolysis using renewable energy or via biomass gasification.

Technical Parameters:
– Green hydrogen produced via electrolysis using renewable energy sources such as
– Biomass gasification is used as an alternative method for green hydrogen
– NTPC targets 130 GW total generation capacity by 2032, with a plan for 60 GW
– ONGC aims for two million tonnes per year green ammonia capacity by 2035

Application Scenarios:
– Decarbonizing industrial sectors such as steel production and chemical
– Replacing fossil fuels in transportation, including vehicles and shipping
– Production of fertilizers and e-fuels
– Heating buildings and power generation

Pros:
– Eco-friendly and emission-free alternative to fossil fuels
– Supports India’s goal to achieve net-zero carbon emissions and energy
– Potential to transform major carbon-intensive sectors and power a sustainable
– Increased government funding and policy support through the National Green

Cons:
– High debt-to-equity ratios for some companies (e.g., Adani Green Energy: 6.38)
– Green hydrogen production is currently more expensive compared to conventional
– Requires significant investment in technology and infrastructure to scale

Top 5 Green Hydrogen Energy Companies in India Listed in Stock Market

Product Details:
Indian green hydrogen companies are developing large-scale green hydrogen production projects, electrolyzer manufacturing, integrated renewable energy plants, and hydrogen-based energy storage and distribution solutions, including fuel-cell based micro-grids and hydrogen-blended natural gas for city gas networks.

Technical Parameters:
– Adani Green Energy: Targeting 25 GW renewable energy by 2025 and joint venture
– Reliance Industries: Targeting zero-emission blue hydrogen by 2035, integrating
– Indian Oil-L&T-ReNew JV: Focused on large-scale electrolyzer manufacturing for
– NTPC: Commissioning standalone hydrogen fuel-cell micro-grid with electrolyser;

Application Scenarios:
– Industrial-scale green hydrogen supply for decarbonization and industrial use.
– Renewable energy projects integrating solar, wind, and hydrogen production.
– Energy storage solutions using green hydrogen and fuel cells.
– Transportation: Mixing hydrogen with natural gas for city gas distribution

Pros:
– Supports India’s decarbonization and clean energy transition.
– Large-scale projects backed by significant investments and international
– Focus on domestic electrolyzer manufacturing boosts local industry.
– Versatile applications across energy, industry, and transportation sectors.

Cons:
– Most projects still in development phase and not yet at full commercial scale.
– High initial investment requirements ($50 billion planned by Adani, etc.).

Best Green Hydrogen Stocks in India 2025 | Lemonn

Product Details:
Reliance Industries produces green hydrogen using renewable energy sources like wind and solar as part of its commitment to become net-carbon zero by 2035. The company is investing heavily to set up a 1GW green hydrogen manufacturing facility in Jamnagar, Gujarat, with applications for both domestic consumption and global sales.

Technical Parameters:
– 1GW green hydrogen production facility under development
– Uses wind and solar storage energy to power electrolysis for hydrogen production
– Targeted investment of ₹75,000 crore (Rs. 750 billion) in renewable/green

Application Scenarios:
– Domestic fuel consumption
– Global export of green hydrogen
– Decarbonization of various industries such as transportation, steel production,
– Used for chemical and fertilizer production, heating buildings, and running

Pros:
– Large-scale production capacity enabled by significant infrastructure
– Helps in reduction of carbon emissions by providing clean alternative to fossil
– Supports India’s goals for energy independence and net-zero emissions targets
– Utilizes renewable energy, enhancing sustainability and energy security

Cons:
– Significant upfront capital investment required
– Green hydrogen production at scale is still developing and may face

Comparison Table

Company Product Details Pros Cons Website
Green Hydrogen Stocks in India 2025: Top Energy Shares on NSE The page highlights leading Indian companies involved in the green hydrogen Supports India’s net zero and energy independence targets Reduces emissions and High initial investment and infrastructure costs Industry faces technological www.tickertape.in
Best Green Hydrogen Stocks in India 2025 – Groww The company offers green hydrogen production solutions as well as equipment and Enables production of hydrogen with minimal carbon emissions Supports High initial capital investment required for setting up infrastructure Technolog groww.in
List of Best Green Hydrogen Stocks in India (2025) – smallcase www.smallcase.com
Top 5 Green Hydrogen Stocks in India 2025 – Businesses Ranker Reliance Industries Limited (RIL) is building a green energy ecosystem Comprehensive approach covering the full green hydrogen value chain Strong High initial investment and long payback period Technological and regulatory businessesranker.com
5 Best Green Hydrogen Stocks to Watch in India 2025 – Samco www.samco.in
List of top green hydrogen stocks in India by market capitalisation www.forbesindia.com
Best Green Hydrogen Company Stocks on NSE in 2024 – Motilal Oswal www.motilaloswal.com
Best Green Hydrogen Stocks in India 2025 – stockdaddy.in The companies listed (Larsen and Toubro, NTPC, Reliance Industries, Adani Green Eco-friendly and emission-free alternative to fossil fuels Supports India’s High debt-to-equity ratios for some companies (e.g., Adani Green Energy: 6 www.stockdaddy.in
Top 5 Green Hydrogen Energy Companies in India Listed in Stock Market Indian green hydrogen companies are developing large-scale green hydrogen Supports India’s decarbonization and clean energy transition. Large-scale Most projects still in development phase and not yet at full commercial scale www.electronicsandyou.com
Best Green Hydrogen Stocks in India 2025 Lemonn Reliance Industries produces green hydrogen using renewable energy sources like Large-scale production capacity enabled by significant infrastructure Significant upfront capital investment required Green hydrogen production at

Frequently Asked Questions (FAQs)

How can I identify reliable hydrogen manufacturing companies in India?
Start by researching companies with established reputations, certifications (like ISO), and experience in hydrogen production. Check their client references, years in business, and presence in industry associations for added assurance.

What factors should I consider when choosing a hydrogen manufacturer?
Look at product purity, production capacity, technology used, pricing, delivery timelines, and after-sales support. Also, ensure the company complies with environmental and safety standards.

How do I verify the quality of hydrogen supplied by a manufacturer?
Request product quality certificates, such as purity analysis reports and adherence to industry standards. Visiting the manufacturing site or checking third-party audits can further confirm their quality controls.

Are there advantages to choosing local manufacturers over international suppliers?
Local manufacturers often offer faster delivery times, lower shipping costs, easier communication, and better compliance with regional regulations, making them convenient for ongoing supply needs.

How can I request a quote or initiate business with an Indian hydrogen manufacturer?
Visit the company’s official website to find contact details, then reach out by phone or email with your requirements. Most companies provide a form or direct sales contact for inquiries and quotations.

Top Hydrogen Manufacturing Companies Shares in India 2025

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