India's Ambitious Green Hydrogen Mission: A Path to Economic and Environmental Prosperity
Key Ideas
  • India is aiming to establish itself as a global hub for the production, utilization, and export of green hydrogen, with a strong focus on innovation, infrastructure, and investments in R&D.
  • Partnerships between industry and academia, support for startups, and skill development for the youth are key components of India's green hydrogen mission.
  • The green hydrogen sector in India is expected to attract over ₹8 lakh crore in investments, generate employment for more than 6 lakh people, and reduce imports of natural gas and ammonia, leading to significant cost savings.
  • Government initiatives include the awarding of tenders for green hydrogen production and electrolyser manufacturing, with plans to incentivize a total manufacturing capacity of 15 GW and a production capacity of over a million tonnes per annum.
Prime Minister Narendra Modi of India outlined the country's vision to become a global leader in green hydrogen production, utilization, and export during the International Conference on Green Hydrogen India 2024 in New Delhi. The National Green Hydrogen Mission aims to drive innovation, infrastructure, industry, and investments in the green hydrogen sector, presenting both economic and environmental advantages. The government is actively promoting partnerships between industry and academia, encouraging startups and entrepreneurs in the green hydrogen domain, and focusing on skill development for the youth. Key officials highlighted the potential of green hydrogen to decarbonize industries that are hard to electrify, such as refineries, fertilizers, steel, and heavy-duty transportation. Minister Pralhad Joshi emphasized the numerous opportunities for export in the sector, with estimates of substantial investments and job creation. The sector has witnessed a significant response in electrolysers manufacturing, with plans to incentivize a manufacturing capacity of 15 GW under the Strategic Interventions for Green Hydrogen Transition (SIGHT). Oil Minister Hardeep Singh Puri underscored India's natural advantage in green hydrogen production due to abundant solar energy resources. The government aims to increase the production of green hydrogen to reduce carbon emissions and imports, with PSUs targeting to produce over 1 MT of green hydrogen by 2030. The ambitious goal is to produce 5 MT of green hydrogen by 2030, requiring substantial investments and new renewable energy capacity. Overall, India's Green Hydrogen Mission signifies a crucial step towards a sustainable and prosperous future, focusing on technological advancements, economic growth, and environmental benefits.
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