News & Events
Perspective: Green Hydrogen |
In this episode of the Perspective Prog. based on the ‘Green Hydrogen’. The government on Thursday unveiled the first part of the much-awaited National Hydrogen Policy. Power and New & Renewable Energy Minister RK Singh said the government is targeting production of 5 million tonnes of green hydrogen by 2030.The policy allows free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel, and make India an export hub. It offers 25 years of free power transmission for any new renewable energy plants set up to supply power for green hydrogen production before July 2025. There will also be a single portal for all clearances required for setting up green hydrogen production as well as a facility for producers to bank any surplus renewable energy generated with discoms for upto 30 days and use it as required.These are some broad contours of Phase 1 of the policy – how will it benefit producers of green hydrogen, how will it boost India’s energy security and also make India the hub of green hydrogen in the global rush? Also, how will it help us achieve the net zero emission targets?