New Delhi, Dec 16 (KNN) The Ministry of New and Renewable Energy (MNRE) is implementing the National Green Hydrogen Mission (NGHM) with the objective of positioning India as a global hub for the production, use, and export of green hydrogen and its derivatives.
Under the mission, India’s green hydrogen production capacity is projected to reach 5 million metric tonnes per annum by 2030.
In a written reply to a question in the Rajya Sabha, Minister of State for New and Renewable Energy Shripad Yesso Naik stated that multiple measures have been undertaken to reduce the cost of green hydrogen.
Under the incentive scheme for electrolyser manufacturing, 15 companies have been awarded a combined manufacturing capacity of 3,000 MW per annum, with incentives amounting to Rs. 4,440 crore.
Additionally, 18 companies have been allocated a cumulative green hydrogen production capacity of 8.62 lakh tonnes per annum under the production incentive scheme, while two companies have been awarded procurement capacity of 20,000 tonnes per annum for supply to refineries.
The minister further noted that policy interventions have been introduced to support cost reduction.
Green hydrogen and green ammonia projects commissioned on or before 31 December 2030 and using renewable energy have been granted exemption from Inter-State Transmission System (ISTS) charges for a period of 25 years from the date of commissioning.
Duty benefits under Section 26 of the Special Economic Zones (SEZ) Act, 2005 have also been extended to cover the installation and operation of renewable energy equipment used exclusively for captive consumption.
In addition to deployment measures, MNRE is supporting research and development initiatives, including a project titled ‘Scale-up of Perovskite Tandem Solar Cells (Phase-I)’, with a total project cost of Rs. 83.19 crore aimed at scaling up and indigenising perovskite tandem solar cell technology.
(KNN Bureau)
