Decarbonisation in India gets a big boost
1 year, 11 months ago

Decarbonisation in India gets a big boost

Hindustan Times  

India’s decarbonisation journey received a boost last week when the Cabinet approved the National Green Hydrogen Mission with an allocation of ₹19,744 crore. It aims to produce five million tonnes of green hydrogen annually by 2030, reduce emissions by nearly 50 million tonnes annually, save India ₹1 trillion in fossil fuel imports, attract investments worth ₹8 trillion by 2030, and create 600,000 green jobs. The green hydrogen policy was first announced in August 2021 by Prime Minister Narendra Modi to make India a hub for producing and exporting green hydrogen. With collaboration among innovators, entrepreneurs and the government, green hydrogen can be an energy molecule that is “made-in-India” and a bulwark against the climate crisis.

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