Sunday, September 8, 2024

India issues rules for funding of facilities, infrastructure for green hydrogen mission

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This has a budget of $23.96m.

The Ministry of New and Renewable Energy has issued guidelines for funding of testing facilities, infrastructure, and institutional support for development of standards and regulatory framework under India’s National Green Hydrogen Mission.

In a statement, the ministry said the scheme will help identify gaps and upgrade existing testing facilities and support creation of new ones to ensure safe and secure operations.

“The scheme encompasses the development of robust quality and performance testing facilities to ensure quality, sustainability, and safety in GH2 production and trade,” the ministry said. 

The scheme will have a total budget of $23.96m (INR200 crores) until financial year 2025-2026. It will be implemented by the National Institute of Solar Energy.

Launched on 4 January 2023, the National Green Hydrogen Mission aims to contribute to India’s goal to become self-reliant through clean energy, leading to its decarbonisation, reduced dependence on fossil fuel imports, and enable the country to assume technology and market leadership in green hydrogen.

$1 = INR83.5

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