Monday, June 24, 2024
HomeAll NewsGreen HydrogenIndia accelerates green hydrogen initiative

India accelerates green hydrogen initiative

India has taken a crucial step towards demand creation of Green Hydrogen and its derivatives in the country. Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) for Selection of Green Ammonia Producers for the production of Green Ammonia in India through cost based competitive bidding under Mode 2A of Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme of the National Green Hydrogen Mission being implemented by the Ministry of New & Renewable Energy (MNRE).

Big boost to green ammonia production

The bidding for a total available capacity of 5.39 lakh Metric Tonnes (MT)/annum of Green Ammonia intended for production and supply will be carried out through e-bidding followed by e-Reverse Auction process. Green Ammonia produced will be supplied to the fertilizer companies.

Strategic Interventions for Green Hydrogen Transition (SIGHT)

MNRE had earlier issued the Scheme Guidelines for implementation of SIGHT Programme – Component II: Incentive for Procurement of Green Ammonia Production (under Mode2A) of the NGHM. SECI has been appointed as implementing agency for this Scheme.

Under the SIGHT Programme, MNRE has already allocated 4.12 lakh Metric Tonnes (MT)/annum of Green Hydrogen production capacity and 1.5 GW/ annum of Electrolyzer manufacturing capacity.

National Green Hydrogen Mission

The National Green Hydrogen Mission was launched on 4th January 2023 with an outlay of Rs. 19,744 crores up to FY 2029-30. It will contribute to India’s goal to become Aatmanirbhar (self-reliant) through clean energy and serve as an inspiration for the global clean energy transition. The Mission will lead to significant decarbonization of the economy, reduced dependence on fossil fuel imports, and enable India to assume technology and market leadership in Green Hydrogen.

(Source: PIB)

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular