Facebook Twitter Linkedin Youtube Instagram
Home > News > National Green Hydrogen Mission gets approval

National Green Hydrogen Mission gets approval

By 2030 the mission will promote the development of green hydrogen of 5 MMT per year

India’s Union Cabinet approved the National Green Hydrogen Mission on 4th January 2023, with a budget of Rs 19,744 crore, with the goal of making it a global hub for hydrogen manufacturing.

“The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the National Green Hydrogen Mission,” Union Minister Anurag Thakur said.

Its initial budget is Rs 19,744 crore, which includes Rs 17,490 crore for the SIGHT programme, Rs 1,466 crore for pilot projects, Rs 400 crore for R&D, and Rs 388 crore for other mission components.

By 2030, the mission will promote the development of green hydrogen production capacity of at least 5 MMT (Million Metric Tonnes) per year, along with the addition of 125 GW of renewable energy capacity.

Over 6 lakh jobs will be created by 2030 as the company invests more than Rs 8 lakh crore in the project.

As part of the Mission, a number of benefits will be realized, including the creation of export opportunities for green hydrogen and derivatives, the decarbonization of the industry, mobility, and energy sectors, the reduction of reliance on fossil fuels and feedstocks, the creation of jobs, and the development of cutting-edge technology.

Creating demand for green hydrogen, producing it, using it, and exporting it will be easier under the Mission. Strategic Interventions for Green Hydrogen Transition Programme (SIGHT) provides two distinct financial incentive mechanisms aimed at the domestic manufacturing of electrolysers and green hydrogen production.

In addition, the Mission will fund pilot projects in emerging end-use sectors and production pathways. Green Hydrogen Hubs will be identified and developed in regions capable of supporting large-scale hydrogen production and/or utilisation, according to the minister.

The Mission will also facilitate a public-private partnership framework for R&D (Strategic Hydrogen Innovation Partnership – SHIP). To develop globally competitive technologies, R&D projects will be goal-oriented, time-bound, and appropriately scaled up. A coordinated skill development programme will be implemented as well.

All concerned ministries, departments, agencies, and institutions of the federal and state governments will take focused and coordinated actions to ensure the Mission’s success.

According to him, the Ministry of New and Renewable Energy will be in charge of the Mission’s overall coordination and implementation

Share this article


Leave a Reply




Enter Captcha Here :

Related Articles
Renewable energy: A new FM offering
Cement kiln Co-processing to achieve India’s “Mission Zero Waste”
Remote Monitoring Solutions

Newsletter Image

Get all latest news and articles straight to your inbox