Energy Transition, Hydrogen
December 11, 2025
Platts launches market-based India hydrogen assessment, Dec. 11
Platts, part of S&P Global Energy, has launched a weekly market-based price assessment for renewable hydrogen in India, effective Dec. 11.
This follows a decision note published on Nov. 7. Platts has observed strong interest in a market-based price assessment for hydrogen, as this nascent market continues to evolve.
The assessment and specifications are listed as follows:
| Assessment Name | India Renewable Hydrogen Term Contract |
| Term | Long-term offtake (15-25 years) |
| Basis and Location | Ex-works (ex-plant) India |
| Volume | 5,000-25,000 mt/year |
| Carbon Intensity | Up to 2 kg CO2/kg hydrogen well-to-gate |
| Quality | 99.9% (chemical grade) |
| Delivery | 2028 onwards |
| Unit | Rupee/kg, Rupee/scm, $/kg and $/MMBtu. The primary assessment unit will be Rupee/kg. |
| Timestamp and Holiday Calendar | Thursdays, 4:30 PM India timestamp, following the India holiday calendar |
The assessments and corresponding symbols are listed below:
| Description | Symbol |
| India Renewable Hydrogen Term Contract INR/kg Wkly | NWERE04 |
| India Renewable Hydrogen Term Contract INR/SCM Wkly | NWERF04 |
| India Renewable Hydrogen Term Contract $/kg Wkly | NWERG04 |
| India Renewable Hydrogen Term Contract $/MMBtu Wkly | NWERH04 |
| India Renewable Hydrogen Term Contract INR/kg MAvg | NWERE03 |
| India Renewable Hydrogen Term Contract INR/SCM MAvg | NWERF03 |
| India Renewable Hydrogen Term Contract $/kg MAvg | NWERG03 |
| India Renewable Hydrogen Term Contract $/MMBtu MAvg | NWERH03 |
These assessments can be found in Hydrogen Daily and in the fixed pages CLE0010, ETA0011, CLE0011 and ETA0012.
Please send any feedback, questions or comments to hydrogenassessments@spglobal.com, copying pricegroup@spglobal.com.
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