India's National Green Hydrogen Mission: Advancing Steel Sector with Pilot Projects
Key Ideas
- Matrix Gas and Renewables Ltd., Simplex Castings Ltd., and Steel Authority of India Ltd. are leading pilot projects with capacities ranging from 40 to 3,200 TPD.
- The Ministry of New and Renewable Energy is providing Rs. 347 crore in financial support for the pilot projects in the steel sector.
- The projects aim to demonstrate the safe and efficient use of green hydrogen in steelmaking processes, contributing to low-carbon iron and steel production.
- India's National Green Hydrogen Mission, launched in January 2023, has an allocated budget of Rs. 19,744 crores until FY 2029-30 to drive clean energy transition and achieve self-reliance.
The Ministry of New and Renewable Energy in India has sanctioned three pilot projects in the steel sector under the National Green Hydrogen Mission. These projects involve Matrix Gas and Renewables Ltd., Simplex Castings Ltd., and Steel Authority of India Ltd. with varying capacities. These initiatives aim to utilize green hydrogen in steelmaking processes to reduce carbon emissions and enhance economic viability. With a total financial support of Rs. 347 crore from the government, these projects are expected to be operational within the next three years. By implementing advanced technologies and demonstrating the viability of green hydrogen in steel production, these pilot projects will pave the way for large-scale adoption in India. The National Green Hydrogen Mission, launched with a significant budget allocation, is set to drive decarbonization, reduce fossil fuel imports, and position India as a leader in clean energy technology and market.