Green Hydrogen Mission of India's is a government initiative to make India a global hub for green hydrogen production, use, and export. Launched on January 4, 2023, with an outlay of ₹19,744 crore, its main goals are to decarbonize the economy, reduce fossil fuel imports, and foster domestic manufacturing capabilities. Key targets include achieving a 5 MMT per annum green hydrogen production capacity by 2030 and stimulating over ₹8 lakh crore in investments.
The National Green Hydrogen Mission is a government initiative to make India a global hub for green hydrogen production, use, and export. Launched on January 4, 2023, with an outlay of ₹19,744 crore, its main goals are to decarbonize the economy, reduce fossil fuel imports, and foster domestic manufacturing capabilities. Key targets include achieving a 5 MMT per annum green hydrogen production capacity by 2030 and stimulating over ₹8 lakh crore in investments.
Goals and targets
Production capacity: -
Achieve a capacity of at least 5 MMT of green hydrogen per year by 2030.
Renewable energy:-
Add approximately 125 GW of renewable energy capacity to support green hydrogen production.
Investment: -
Mobilize over ₹8 lakh crore in total investments across the green hydrogen industry.
Job creation:-
Create over 6 lakh jobs by 2030.
Emissions reduction: -
Abate nearly 50 MMT of greenhouse gas emissions annually.
Export market: -
Capture about 10% of the global green hydrogen market by exporting up to 10 MMT per annum by 2030.
Key goals and targets
Production Capacity:-
Achieve a 5 MMTPA of green hydrogen production capacity by 2030.
Renewable Energy: -
Add approximately 125 GW of renewable energy capacity specifically for green hydrogen production.
Investment: -
Attract over ₹8 lakh crore in total investments and generate over 600,000 jobs.
Emissions Reduction:-
Avert nearly 50 MMTPA of CO2 emissions.
Fossil Fuel Import Reduction: -
Achieve a cumulative reduction of over ₹1 lakh crore in fossil fuel imports.
MJF Lion ER YK Sharma
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