The Green Hydrogen Mission states that India will develop green hydrogen production capacity of at least 5 million tonnes (MT) per annum with an associated renewable energy capacity addition of about 125 gigawatts (GW) in the country by 2030.
Green Hydrogen
In her Budget speech on February 1, Finance Minister Nirmala Sitharaman said that the recently launched national Green Hydrogen Mission with an outlay of Rs 19,700 crore will facilitate transition of the economy to low-carbon intensity and reduce dependency on fossil fuel imports.
“Our target is to reach an annual production of 5 MMT by 2030. This Budget provides for Rs 35,000 crore capital investment towards energy transition and net zero objective and energy security by the Ministry of petroleum and natural gas,” the FM said.
Also Read: MC Explains: What is National Green Hydrogen Mission and what is India’s policy?
“We are implementing many programmes for green growth across various economic sectors… They will help reduce carbon intensity and create green jobs”.
`); } if (res.stay_updated) { $ (“.stay-updated-ajax”).html(res.stay_updated); } } catch (error) { console.log(‘Error in video’, error); } } }) }, 8000); })
