India's Ambitious Green Hydrogen Mission: Futuristic Technologies and Economic Growth in Visakhapatnam
Key Ideas
- India aims to produce 5 million tons of green hydrogen annually by 2030, with the establishment of two green hydrogen hubs, including one in Visakhapatnam.
- Andhra Pradesh plans to become a USD 2.5 trillion economy by 2047 under the 'Swarnandhra Pradesh' initiative, with a focus on futuristic technologies.
- PM Modi launched various projects worth over Rs 2 lakh crore, including a green hydrogen hub in Anakapalli, a railway zone, industrial hubs, and a bulk drug park.
- The projects are expected to generate significant employment opportunities, with the drug park alone expected to provide jobs for 54,000 people.
Prime Minister Narendra Modi announced India's National Green Hydrogen Mission during his visit to Visakhapatnam, highlighting the country's goal of producing 5 million tons of green hydrogen annually by 2030. Two green hydrogen hubs will be established, with one located in Visakhapatnam. Modi emphasized Andhra Pradesh's aspirations to become a USD 2.5 trillion economy by 2047 under the 'Swarnandhra Pradesh' initiative, focusing on futuristic technologies. During the visit, Modi inaugurated projects worth over Rs 2 lakh crore, including a green hydrogen hub in Anakapalli, a railway zone, an industrial hub, and a bulk drug park, which are expected to create substantial employment opportunities. The joint green energy initiative between NTPC Green Energy Ltd and NREDCAP is set to boost green hydrogen production. Additionally, projects like the Krishnapatnam industrial hub and the bulk drug park in Nakkapalli are poised to drive economic growth and job creation in the region. The presence of AP Chief Minister N Chandrababu Naidu and Deputy CM Pawan Kalyan at the event underscored the significance of these developments for the state. Modi's visit marked a pivotal moment for Visakhapatnam, showcasing the potential for innovation, economic expansion, and sustainable growth in the region.
Topics
Green Hydrogen
Economic Growth
Infrastructure Projects
National Green Hydrogen Mission
Employment Opportunities
Futuristic Technologies
Latest News