Energy transition is a huge investment opportunity if the government can provide the appropriate incentives
The oil minister said that a green hydrogen policy will come sooner than expected as different ministries are involved and the internal churning on the policy is beginning to give it a proper shape
The Adani Group recently announced that it has entered into a partnership with TotalEnergies of France to develop a green hydrogen ecosystem. Reliance Industries is also investing Rs 75,000 crore over the next three years to build a new clean-energy business. What’s the big deal about green hydrogen? Watch the video to know what green hydrogen is, how it is produced and why big companies are investing in this source of energy
In the discussions, the two foreign ministers agreed to explore partnerships in areas such as gas transportation, green hydrogen, biofuels and energy storage.
The launch of the green hydrogen policy puts in place a sturdy foundation for developing a competitive green hydrogen sector in India — a transition well under way in most developed countries
India's largest oil firm IOC will set up 'green hydrogen' plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units
The Ministry of Power on February 17 notified the first part of the National Hydrogen Mission policy on green hydrogen and green ammonia, aimed at boosting production of hydrogen and ammonia using renewable energy. Watch the video to know which Indian companies are planning to build their hydrogen capabilities.
The government launched National Hydrogen Mission in 2021 to draw up a road map for using hydrogen as an energy source. The initiative has the potential of transforming transportation.
To unlock the full potential demand for hydrogen, India will have to invest in continuous innovation, by increasing R&D budgets, and support for demonstration projects to make sure key hydrogen technologies reach commercialisation as soon as possible
Analysts believe that the impetus given towards the use of renewable energy for the production of hydrogen to be used as an energy source should be beneficial for power companies like NTPC, ReNew Power, and power infrastructure companies like Thermax and Larsen & Toubro
The policy provides a "waiver of inter-state transmission charges for a period of 25 years" to the manufacturers of green hydrogen and green ammonia for the projects commissioned before June 30, 2025.
As global-warming concerns mount and countries commit to reducing emissions, green hydrogen is drawing a lot of interest for its ability to generate large-scale energy with low carbon footprint
The first phase of the policy is unlikely to include viability gap funding and mandates for producers under the green hydrogen policy for green hydrogen and ammonia usage.