Centre clears Green Hydrogen Mission
#GS-03 Science and Technology
For Mains
Green Hydrogen Mission
- The Union Cabinet on 04-01-23 approved the National Green Hydrogen Mission with an initial outlay of ₹19,744 crore.
- It’s aimed at making the country a global hub to produce, utilise and export green hydrogen and its derivatives.
- The mission is expected to reduce nearly 50 million tonnes (MT) of annual greenhouse gas emissions by 2030.
- It is also expected to cumulatively reduce fossil fuel imports estimated at over ₹1 lakh crore.
Incentives provided:
- The incentives include priority power supply for manufacturers, concessions for distributors and short-term waivers of transmission costs.
- The Ministry of New and Renewable Energy will be operating a single-window clearance system for proposals.
Expected outcomes of the mission
The Mission is expected to have the following likely outcomes by 2030:
- Development of green hydrogen production capacity of at least 5 MMT (Million Metric Tonne) per annum.
- Along with an associated renewable energy capacity addition of about 125 GW by the country.
- Over Rs. Eight lakh crores of total investments.
- Creating over Six lakh sustainable jobs.
- Cumulative reduction in fossil fuel imports of over Rs. One lakh crore.
- Reduction of nearly 50 MMT of annual greenhouse gas emissions.
Strategic Interventions for Green Hydrogen Transition Programme (SIGHT)
- Under the SIGHT programme, two distinct financial incentive mechanisms will be provided.
- Firstly, for targeting domestic manufacturing of electrolysers and secondly for production of green hydrogen.
- The mission will also provide support to pilot projects in emerging end-use sectors and production pathways.
- Territories capable of large-scale production and/or utilisation of hydrogen will be identified and developed as green hydrogen hubs.
Strategic Hydrogen Innovation Partnership – SHIP
- A public-private partnership framework for Research & Development named Strategic Hydrogen Innovation Partnership (SHIP) will be facilitated under the Mission.
- R&D projects created will be goal-oriented, time bound, and suitably scaled up to develop globally competitive technologies.
Source “Centre clears Green Hydrogen Mission“