Cabinet approves National Green Hydrogen Mission - (04 Jan 2023)

Commercial

The Union Cabinet has approved National Green Hydrogen Mission. Mission aims to make India a Global Hub for production, utilization and export of Green Hydrogen and its derivatives. It will help in India becoming energy independent and in Decarbonisation of major sectors of the economy. MNRE will formulate the scheme guidelines for implementation of the respective components.

The Mission will facilitate demand creation, production, utilization and export of Green Hydrogen. The Mission will have wide ranging benefits- creation of export opportunities for Green Hydrogen and its derivatives; Decarbonisation of industrial, mobility and energy sectors; reduction in dependence on imported fossil fuels and feedstock; development of indigenous manufacturing capabilities; creation of employment opportunities; and development of cutting-edge technologies.

Under the Strategic Interventions for Green Hydrogen Transition Programme (SIGHT), two distinct financial incentive mechanisms – targeting domestic manufacturing of electrolysers and production of Green Hydrogen – will be provided under the Mission. The Mission will also support pilot projects in emerging end-use sectors and production pathways. Regions capable of supporting large scale production and/or utilization of Hydrogen will be identified and developed as Green Hydrogen Hubs. An enabling policy framework will be developed to support establishment of Green Hydrogen ecosystem. A robust Standards and Regulations framework will be also developed. Further, a public-private partnership framework for R&D (Strategic Hydrogen Innovation Partnership – SHIP) will be facilitated under the Mission; R&D projects will be goal-oriented, time bound, and suitably scaled up to develop globally competitive technologies. A coordinated skill development programme will also be undertaken under the Mission.

Tags : GREEN HYDROGEN MISSION APPROVAL