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published on 28th February 2023
The NGHM presents a comprehensive action plan for the development of infrastructure for green hydrogen, in particular to structure and regulate the market. Overall, INR 197.44 million will be made available for the NGHM.
The overarching objective of the NGHM is to make India the Global Hub for production, usage and export of green hydrogen and its derivatives and thus reduce India's dependence on fossil fuel imports.
The NGHM therefore mandates various central and state agencies to implement the NGHM, with the responsibility for the overall coordination resting with the Ministry of New and Renewable Energy. As part of this process, also the sector-specific ministries will send regular reports to the Ministry of New and Renewable Energy, in which they will document progress of the expansion of green hydrogen in their respective sectors.
The key highlights of the NGHM's planned measures are summarised as follows:
The Indian government has rightly recognised the need to increase demand for renewable energy and especially green hydrogen for the NGHM to be a success. In this respect, the NGHM is rightly focusing on measures to directly and indirectly increase demand. In doing so, India remains true to its long-term goal of "Make-in-India" and improving the "Ease-of-Doing-Business".
India is a country where rapid changes are possible. Providing financial and non-financial incentives would reduce the risk for first movers on the market and contribute even more to scaling the sector.
India's energy demand is steadily increasing, and dependence on fossil fuels, especially those that have to be imported, continues to be a problem. Therefore, the Indian government is supporting the renewable energy market with the National Green Hydrogen Mission in addition to the existing National Solar Mission and the National Wind Energy Mission.
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