In a recent report by Alvarez & Marsal, spearheaded by Santosh Kamath, Managing Director of Energy Transition, India’s capacity to dominate the global green hydrogen market has come to the forefront.
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India’s National Green Hydrogen Mission, approved by the Union Cabinet on January 4th, 2023, marks a significant leap towards achieving energy independence by 2047 and attaining net zero emissions by 2070.
NTPC, India’s largest power utility, has embarked on a transformative journey towards green hydrogen production. The recent signing of a land lease agreement with the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) marks a pivotal step in realizing NTPC’s ambitious green energy objectives and aligning with the Government of India’s (GoI) energy transition efforts.
India stands on the cusp of a transformative energy revolution with the advent of its first operational green hydrogen plant, spearheaded by Haryana-based Hygenco.
India is poised for a green revolution in its transport, shipping, and steel industries with the launch of pilot projects under the National Green Hydrogen Mission.
Germany’s Power-to-X Development Fund has unveiled a significant €270 million grant opportunity aimed at enhancing hydrogen production in select countries, including Morocco, South Africa, Brazil, Egypt, Georgia, India, and Kenya.
India’s railway landscape is on the brink of a monumental transformation as the Indian Railways gears up to introduce its first hydrogen fuel cell-powered train.
India’s ambitious National Green Hydrogen Mission, spearheaded by the Union Minister for New & Renewable Energy and Power, marks a significant step towards transforming the nation’s energy landscape.
Government of India has unveiled guidelines for conducting pilot projects aimed at utilizing green hydrogen in the steel sector. The initiative, titled “Scheme Guidelines for implementation of Pilot projects for use of Green Hydrogen in the Steel Sector under the National Green Hydrogen Mission,” was introduced by the Ministry of New & Renewable Energy (MNRE) on February 2, 2024.
As India strives to meet its growing energy demands and tackle emissions in hard-to-abate sectors, the spotlight is now on green hydrogen, a promising alternative that has been making waves globally.
