
Government To Make India Competitive in Hydrogen Production
CIOTechOutlook Team | Saturday, 21 October 2023, 02:22 IST

"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.
CIO Viewpoint
AI Appreciation Day: Powering Smart Factories,...
By Janifha Evangeline, Editor, CIOTechOutlook
Why Foolproof Facial Recognition Is Key Against...
By Joseph Sudheer Thumma, Global CEO & MD, Magellanic Cloud
National Technology Day 2025: Powering Progress...
By CIOTech Outlook Team
CXO Insights
The Importance of Customer Sentiment...
By Amrita Chowdhury, Director, Gaia Smart Cities
Chatbots Revolutionizing the Digital Playing...
By Karanjit Singh, CEO, Kellton Tech Solutions
Evolve Your Digital Architecture Stack