Union Minister of Power interacts with stakeholders regarding National Green Hydrogen Mission
On Thursday Power and Renewable Energy Minister R K Singh said that the National Green Hydrogen Mission will make India a leading producer and supplier of green hydrogen in the world. Earlier, the Union Cabinet cleared the National Green Hydrogen Mission.
In a meeting with stakeholders, he said that the mission would result in attractive investment and business opportunities for the industry, and contribute significantly to India’s efforts towards decarbonization and energy independence.
The Minister further stated that the mission will drive the development of the green hydrogen ecosystem in the country through an array of measures towards demand creation, strengthening the supply side while working on regulatory framework, technology, and innovation to enhance the affordability of green hydrogen. It will also create employment opportunities and lead to economic development.
The mission targets setting up at least 5 million metric tonnes per annum of green hydrogen capacity with an associated renewable energy capacity of about 125 GW by 2030. The targeted production capacity will bring over Rs.8 lakh crore in total investments and result in the creation of over 6 lakh clean jobs, official sources said.
[With Inputs from IANS]
PGurus is now on Telegram. Click here to join our channel and stay updated with all the latest news and views
For all the latest updates, download PGurus App.
West is selling green dreams but dreams are always black & white….. remember thiat…..when you give 100% subsidy & cheap loans, businessmen jump……. govt to deal with bad debts