New Delhi, January 05. With an ambitious goal of making the country self-sufficient in the energy sector by 2047, the National Green Hydrogen Mission was approved on Wednesday with a support of Rs 19,744 crore. Inquiring about the decision of the cabinet chaired by Prime Minister Narendra Modi, Information and Broadcasting Minister Anurag Thakur told reporters, “We have set a target to produce 50 lakh tons of green hydrogen annually. We want to make India a global hub for the export of green hydrogen.
He said the cabinet has approved a plan to boost the production and manufacturing of green hydrogen equipment. On this basis, it has been decided to provide a Rs 17,490 crore incentive by 2029-30 for the production of electrolysers and green hydrogen production in the country. In addition, the government encourages research and development in this area and the development of the ecosystem for its use.
Thakur said it is proposed to form an authorized group to carry out this mission. The mission director will be appointed as an individual with expertise in this field who will work under the Ministry of New and Renewable Energy.
He said Prime Minister Narendra Modi had decided to launch the 2021 Green Hydrogen mission on August 15 under the national flag at the Red Fort. He said that our government had set a target of 40 percent of India’s electricity generation from green sources by 2030. The goal was achieved in 2021 itself. India, at the Glasgow conference, set a target of net-zero carbon production by 2070 and hydrogen emissions will play an important role in this direction.
He said that our government is working towards the goal of making India self-sufficient in energy sector by 2047. India currently imports three quarters of its oil needs.