Uttar Pradesh's Green Hydrogen Ambitions: A Step Towards Decarbonization
Key Ideas
- Uttar Pradesh aims to produce 1 million metric tonnes of Green Hydrogen and Green Ammonia annually by 2029, with investments worth ₹1.15 lakh crore and the creation of 20,000 jobs.
- Key players like Trafalgar Square Capital, Welspun Group, and Hygenco Green Energies Pvt Ltd are committing to establishing green hydrogen production facilities in the state.
- The state's 'Uttar Pradesh Green Hydrogen Policy 2024' provides administrative and financial incentives to promote green hydrogen and ammonia production, aligning with India's net-zero goal by 2070.
- Regulatory reforms and a single-window clearance facility have been introduced to facilitate investments in green hydrogen production, supporting the state's decarbonization strategy.
Uttar Pradesh in India has unveiled the 'Uttar Pradesh Green Hydrogen Policy 2024' with the ambitious target of generating 1 million metric tonnes of Green Hydrogen and Green Ammonia annually by 2029. The state government has already secured investments worth nearly ₹1.15 lakh crore from 17 entities, leading to the creation of approximately 20,000 jobs across the state. Notable commitments include Trafalgar Square Capital's plan for a 10,000-tonnes-per-annum green hydrogen production facility near Lucknow, Welspun Group's ₹40,000 crore investment in a Green Hydrogen and Green Ammonia plant in Bulandshahr, and Hygenco Green Energies Pvt Ltd's proposal for a 0.2 million-tonne green hydrogen facility in Prayagraj. Anupam Shukla, Director of the Uttar Pradesh New & Renewable Energy Development Agency, highlighted the initial focus on the use of hydrogen in nitrogenous fertilizers and refinery industries, expanding to other emerging sectors as per the National Green Hydrogen Mission. The state's decarbonization strategy includes leveraging the Indian Battery Energy Storage System (BESS) market, projected to grow at a CAGR of 11.41% until 2032, to reduce industrial emissions in the chemicals and fertiliser sectors. To attract investments and support green hydrogen production, the government has introduced regulatory reforms and a single-window clearance facility, aiming to facilitate ease of doing business for investors in the sector.