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Government commits to boosting India’s competitiveness in hydrogen production – EQ

Government commits to boosting India’s competitiveness in hydrogen production – EQ

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In Short : The Indian government has committed to enhancing India’s competitiveness in hydrogen production. This move aligns with the global push towards green and sustainable energy solutions. By investing in research, technology, and infrastructure, India aims to position itself as a key player in the emerging hydrogen economy. This commitment reflects the country’s determination to transition towards cleaner energy sources and reduce its carbon footprint.

In Detail : “Union Minister R. K. Singh, responsible for power and renewable energy, reaffirmed the government’s commitment to enhancing India’s competitiveness in green hydrogen production during a meeting with green hydrogen developers on October 19. He highlighted India’s potential to generate the most cost-effective green hydrogen globally, thanks to its unified grid and extensive renewable energy capacity. The minister expressed determination to ensure India’s competitiveness in green hydrogen production, aligning with the objectives of the National Green Hydrogen Mission (NGHM), as stated in the MNRE statement”.

“The objective of the meeting was to gain insights into the challenges encountered by developers and explore potential government interventions to address these issues. These challenges encompassed aspects such as SEZ policies, regulatory measures facilitating dual connectivity, specific contractual terms, and state-imposed demand charges, among other concerns. During the meeting, a presentation revealed that the production of 1 million metric tons of hydrogen necessitates 25 GW of renewable energy, while 1 million metric tons of green ammonia production requires 5 GW of renewable power”.

“The industry representatives were requested to share the locations of their upcoming green hydrogen and ammonia plants and the corresponding withdrawal capacity required so that the required transmission infrastructure can be planned accordingly”, the statement said. The minister assured the industry that the government will take all possible steps for the resolution of their issues at the earliest. The Union Cabinet on January 4 approved the mission with an outlay of Rs 19,744 crore to make India a global hub for the manufacturing of this clean source of energy and development of a production capacity of at least 5 MMT (Million Metric Tonnes) per annum with an associated renewable energy capacity addition of about 125 GW in the country by 2030.

Anand Gupta Editor - EQ Int'l Media Network