Amitabh Kant, former CEO of NITI Aayog and G20 Sherpa, has emphasized the Indian government's commitment to making the country a hub for green hydrogen by 2030.
Speaking at the Climate Financing Conference in New Delhi, Kant outlined the goal of becoming a cost-effective green hydrogen producer, aiming to reduce the current cost from $4.5 to $1 per kilogram by 2030.
India has undertaken various initiatives to promote green energy. Producers of green hydrogen and green ammonia projects commissioned before December 31, 2030, are exempted from inter-state transmission charges for 25 years. The Electricity (Promoting Renewable Energy through Green Energy Open Access) Rules, 2022, support the supply of renewable energy for green hydrogen production.
The National Green Hydrogen Mission, approved by the Union Cabinet on January 4, 2023, targets a green hydrogen production capacity of at least 5 MMT per annum and an additional renewable energy capacity of about 125 GW by 2030. The mission aims to reduce fossil fuel imports by ₹1 lakh crore by 2030, creating over 6 lakh jobs. Benefits include export opportunities, industrial and energy sector decarbonization, reduced dependence on imported fossil fuels, indigenous manufacturing development, job creation, and technological advancements.
Key projects in green hydrogen adoption include GAIL's blending in Indore's city gas distribution grid and NTPC's blending in Surat, Gujarat. Other public sector undertakings are involved in projects like hydrogen-based fuel-cell electric vehicle buses and demonstration pilot plants for green hydrogen production. The National Green Hydrogen Mission reflects India's commitment to sustainable practices, environmental conservation, economic growth, and job creation through the transition to green energy.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
