The Union Cabinet approved National Green Hydrogen Mission on January 4, 2023. The mission has an initial budget outlay for Rs.197,440 million. The Ministry of New and Renewable Energy has been given the responsibility of overall coordination and implementation of the mission and also formulation of the scheme guidelines. The mission proposes the development of at least 5 MMT annual green hydrogen production capacity with an associated renewable energy capacity addition of about 125 GW in the country by 2030. Further, it is expected that the mission will be successful in facilitating over Rs 8 trillion in total investments and creating 600,000 jobs.
After the Cabinet approved the National Green Hydrogen Mission yesterday, R.K. Singh, Union Minister of Power and New & Renewable Energy chaired an interaction with stakeholders on January 5, 2022. According to an official government press release, he informed the stakeholders that the mission will make India a leading producer and supplier of green hydrogen in the world.
Access the presentation from the event here: Hydrogen Mission ppt – 5 January 2023