Uttar Pradesh and Yamanashi Prefecture Forge Partnership for Green Hydrogen Hub
Key Ideas
- Uttar Pradesh aims to be a global green hydrogen production hub, supported by Yamanashi Prefecture from Japan.
- High-level meeting in Lucknow chaired by UP energy minister Sharma and Yamanashi's Vice Governor Osada discussed strengthening cooperation.
- UP's Green Hydrogen Policy 2024 targets 1 million metric tons production annually, offering incentives to attract investment.
- Japanese delegation, including Yamanashi Hydrogen Company, showed interest in research collaboration, financial aid, and investment in Uttar Pradesh.
Uttar Pradesh, under the leadership of Energy Minister AK Sharma, is cementing its position as a global hub for green hydrogen production through a partnership with Japan's Yamanashi Prefecture. A high-level meeting in Lucknow, attended by officials from UP's energy sector and IIT representatives, aimed to enhance cooperation following the MoU signed in December 2024. Minister Sharma highlighted UP's ambitious Green Hydrogen Policy 2024, which aims to produce 1 million metric tons annually and offers capital subsidies, land incentives, and tax benefits to attract investment. The meeting emphasized opportunities in production, storage, and supply chain development, inviting Japan's Yamanashi Hydrogen Company to invest in UP. The Japanese delegation, particularly the Yamanashi Hydrogen Company, expressed interest in research collaboration at IITs, financial aid for startups, and exploring investment prospects in Uttar Pradesh. This partnership signifies a significant step towards sustainable energy development and technological advancement in the region.