Published on: July 6, 2024
FUNDING UNDER THE NATIONAL GREEN HYDROGEN MISSION
FUNDING UNDER THE NATIONAL GREEN HYDROGEN MISSION
NEWS – Centre Issues Scheme Guidelines for Funding under the National Green Hydrogen Mission
HIGHLIGHTS
- Issuing Body: Ministry of New & Renewable Energy (MNRE), Government of India
- Purpose: Funding of testing facilities, infrastructure, and institutional support under the National Green Hydrogen Mission
KEY ASPECTS OF THE GUIDELINES
- Focus on Quality and Testing Ecosystem
- Ensures compliance with specified standards/guidelines in the Green Hydrogen (GH2) sector.
- Addresses gaps in existing testing facilities for components, technologies, and processes in the GH2 value chain.
- Support for Testing Facilities
- New Testing Facilities: Creation of new facilities.
- Upgradation: Enhancement of existing facilities to ensure safe and secure operations.
- Budget and Implementation
- Budgetary Outlay: Rs. 200 Crores until FY 2025-26.
- Implementing Agency: National Institute of Solar Energy (NISE).
- Goals of the Scheme
- Develop robust quality and performance testing facilities.
- Ensure quality, sustainability, and safety in GH2 production and trade.
NATIONAL GREEN HYDROGEN MISSION
- Launch Date: January 4, 2023
- Total Outlay: Rs. 19,744 Crores up to FY 2029-30
- Objectives:
- Aatma Nirbhar Bharat: Achieve self-reliance through clean energy.
- Global Inspiration: Serve as a model for global Clean Energy Transition.
- Decarbonization: Significantly reduce the carbon footprint.
- Fossil Fuel Independence: Reduce reliance on fossil fuel imports.
- Leadership: Position India as a leader in Green Hydrogen technology and market.
