Levelised cost of hydrogen
Levelised cost of green hydrogen.
NPV-based LCOH for an electrolyser project. Set the system size, efficiency and capacity factor, the capital and running costs and the price you sell hydrogen at, or start from a scale preset between 1 MW and 30 MW.
Currency1 USD = ₹94.48 · ECB reference rate, 5 Nov 2026
Umagine Hydrogen LCOH model · inputsScale preset
System configuration
No. of electrolyzers
Power per unit
kW
Efficiency (LHV)
%
Capacity factor
%
Stack life
hrs
Stack replacement cost
% CAPEX
CAPEX
Electrolyzer unit cost
₹Cr
₹2Cr₹20Cr
Compressor
₹L
₹10L₹1000L
Buffer storage
₹L
₹5L₹1000L
Balance of plant
₹Cr
₹0.5Cr₹30Cr
Installation
%
Engineering
%
Contingency
%
OPEX
Electricity cost
₹/kWh
Water cost
₹/L
Annual labour
₹L/yr
Maintenance
% CAPEX
Insurance
% CAPEX
Financial
H₂ selling price
₹/kg
Discount rate
%
Project life
years
Umagine Hydrogen · UHPLLCOH calculatorumagine.co.in/lcoh-calculator.htmlLCOH
UHPL₹557.4/ kg H₂
Annual H₂ production
UHPL65.0t / year
Total CAPEX
UHPL₹12.74 Cr
Annual OPEX
UHPL₹2.13 Cr
NPV revenue
UHPL₹19.38 Cr
NPV profit / (loss)
UHPL₹-11.48 Cr
OPEX breakdown
% of total annual OPEX · Umagine Hydrogen (UHPL) LCOH model
Electricity is 65% of OPEX at ₹3.5/kWh. Reducing power tariff or increasing capacity factor is the highest-leverage lever. — Umagine Hydrogen
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These calculators are illustrative. Our consulting goes deeper.
FEED-level LCOH modelling, sensitivity analysis, and project-specific feasibility — under our Green Hydrogen consulting practice.