Government To Make India Competitive in Hydrogen Production By CIOTechOutlook Team

Government To Make India Competitive in Hydrogen Production

CIOTechOutlook Team | Saturday, 21 October 2023, 02:22 IST

Union Minister R K Singh stated that the government will take all necessary steps to make India competitive in the production of green hydrogen. The remarks were delivered by the minister of electricity, new and renewable energy on October 19 during a meeting with green hydrogen developers, according to an official release.

"With our single unified grid and large renewable capacity, India can produce the cheapest green hydrogen in the world. We will do everything in our power to make India competitive in producing green hydrogen and to achieve the targets set out in the National Green Hydrogen Mission (NGHM)," the minister was quoted as saying in the MNRE statement.

The meeting aimed to understand the issues faced by the developers and how the government can help overcome these issues like SEZ policies, regulatory provisions for enabling dual connectivity, certain contractual conditions, and demand charges being levied by states among others. A presentation at the meeting showed that for producing 1 million metric tonnes of hydrogen, 25 GW renewable energy is required while for producing 1 million metric tonnes of green ammonia, 5 GW renewable power is needed, as per economic times.

The minister assured the industry that the government will take all necessary steps to resolve their difficulties as soon as possible.

On January 4, the Union Cabinet approved a Rs 19,744 crore mission to make India a global hub for the manufacturing of this clean source of energy, with a production capacity of at least 5 MMT (Million Metric Tonnes) per year and an associated renewable energy capacity addition of about 125 GW in the country by 2030.