MoS for New and Renewable Energy Shripad Yesso Naik. Photo: Special Arrangement
Speaking at an occasion by the Federation of Indian Chambers of Commerce and Industry, Mr. Naik stated that this ambition would require the nation to proceed innovating to “strengthen certification and buying and selling mechanism(s), guarantee offtake certainty and unlocking inexperienced finance by way of devices as viability hole funding, inexperienced bonds, and multilateral financial institution assist.”
Green Hydrogen refers to hydrogen produced utilizing renewable power sources like photo voltaic, wind or hydropower. Herein, the electrical energy generated is utilised to separate water into hydrogen and oxygen. Launched in 2023, the National Green Hydrogen Mission aspires to show Indian into a world hub for manufacturing, use and export of inexperienced hydrogen and its derivatives.
Mr. Naik argued that, with technological advances within the realm of photo voltaic photovoltaic (PV), offshore wind and electrolyser effectivity, the price of producing hydrogen was already coming down, and is predicted to proceed doing so. Earlier in his handle, the MoS had pointed to integration, storage options, land availability and price competitiveness being “vital areas of focus”.
“However, these challenges are solvable,” he said.
Private sector enjoying a pioneering function
The Minister of State stated that the non-public sector was essaying a “pioneering function“ within the inexperienced hydrogen sector. He noticed Indian corporations are constructing gigascale initiatives, electrolyser manufacturing amenities, pilot initiatives for hydrogen mobility and mixing and refuelling infrastructure.
“Many are additionally forging world partnerships to make sure price competitiveness and place India as a dependable exporter in a world market anticipated to exceed 100 MMT by 2030,” he said.
Use of Green Hydrogen in vital sectors
Mr. Naik enumerated that the federal government has launched pilot initiatives, exploring the direct use of inexperienced hydrogen, in vital sectors, as metal, transport and transport. 23 initiatives have been sanctioned as a part of their analysis and growth initiatives, with greater than 100 being evaluated for establishing centre of excellence.
The Union Minister additional enumerated about establishing of inexperienced hydrogen testing facility within the nation. He knowledgeable that 3 initiatives have been awarded. Furthermore, Mr. Naik said, that multiple hundred inexperienced hydrogen requirements and protocols have been adopted or are below growth to make sure “security and high quality”.
Published – August 19, 2025 07:34 pm IST
