Green Hydrogen Mission 2030 Target India
India aims to achieve 50 lakh metric tonnes (5 million tonnes) of green hydrogen production capacity per year by 2030 under the National Green Hydrogen Mission. Parliament was informed about this on Tuesday (16 December). The government has laid special emphasis on policy support, incentive schemes and expansion of manufacturing capacity to achieve this ambitious target.
Minister of State for New and Renewable Energy Shripad Yesso Naik, in a written reply in the Rajya Sabha, said that the objective of the National Green Hydrogen Mission is to make India a global hub for the production, utilization and export of green hydrogen and its derivatives. This mission is considered an important initiative towards strengthening India’s energy security as well as reducing carbon emissions and accelerating the clean energy transition.
The minister told the House that the government has implemented several incentive schemes to reduce the cost of green hydrogen. Under the incentive scheme launched for electrolyzer manufacturing, a total manufacturing capacity of 3,000 MW per year has been allotted to 15 companies. For this, incentives worth about Rs 4,440 crore have been approved. At the same time, to promote green hydrogen production, incentives have been given to 18 companies for a total production capacity of 8,62,000 tonnes per year.
Additionally, incentives for a capacity of 20,000 tonnes per annum have been allocated to two companies with the aim of encouraging the use of green hydrogen in the refinery sector. The government believes that this will promote commercial use of green hydrogen in industrial sectors.
Among other steps to bring down costs, green hydrogen projects to be commissioned by December 31, 2030 have been exempted from Inter-State Transmission System (ISTS) charges for 25 years. Along with this, under Section 26 of the Special Economic Zones Act, 2005, a provision has been made for exemption in fees and duties for installation and operation and maintenance of renewable energy equipment, provided they are used for captive consumption of the unit.
The ministry is also active in the field of research and development. The Ministry of New and Renewable Energy is supporting the project titled ‘Scale-up of Perovskite Tandem Solar Cells (Phase-I)’ with a total cost of Rs 83.19 crore. The objective of this project is to develop and indigenously develop advanced solar technology in the country.
The Minister also reiterated that India is continuously moving towards the target of achieving 500 GW of non-fossil fuel based power capacity by 2030 and net-zero emissions by 2070. According to the government, the National Green Hydrogen Mission has now moved from the planning phase to the implementation phase, with large-scale projects awarded under incentive schemes worth Rs 17,000 crore.
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