India's Green Hydrogen Incentive Boost
Key Ideas
- The Ministry of New and Renewable Energy in India has introduced incentive guidelines to accelerate green hydrogen production as part of the National Green Hydrogen Mission.
- The Strategic Interventions for Green Hydrogen Transition (SIGHT) program targets a substantial increase in green hydrogen sector growth by 2030.
- THDC India is also progressing with nationwide floating solar projects, seeking consultants for feasibility reports in multiple Indian states.
- Congress in India pledges to extend the metro line from Gurugram to Manesar if elected, criticizing the current government's infrastructure development pace.
The Ministry of New and Renewable Energy (MNRE) in India unveiled guidelines to provide incentives for green hydrogen production, a crucial step towards achieving the country's National Green Hydrogen Mission. The program aims to boost green hydrogen production to 450,000 metric tons per year by 2030. Under Component II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program, the MNRE is set to disburse incentives to foster the growth of the green hydrogen sector. Concurrently, THDC India has initiated a call for bids to appoint consultants for feasibility studies on floating solar projects across several Indian states. This move aligns with India's commitment to renewable energy expansion. In the realm of public transportation, the Congress party in India has promised to extend the metro line from Gurugram to Manesar if victorious in the upcoming state assembly elections. Criticizing the current BJP government, Congress emphasized the need for continued infrastructural development, including metro line extensions.