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Mahesh

23/05/23 06:36 AM IST

Himachal Pradesh to formulate green hydrogen policy

In News
  • Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said a 'Green Hydrogen' policy would be formulated to promote the use of green hydrogen and establish the state as a leading hub for its production.
About the policy
  • The primary objective of the ‘Green Hydrogen’ policy is to attract investments in large-scale renewable energy projects.
  • By ensuring a consistent and sustainable supply of green electricity for electrolysis, the policy seeks to create an environment conducive to the production of green hydrogen.
  • The state aims to create a favourable environment for the production of green hydrogen.
  • This will not only contribute to the global fight against climate change but also make the state a pioneer in sustainable development.
  • The state government has already signed a memorandum of understanding with Oil India Limited (OIL).
  • This collaboration will enable the production of green hydrogen and green ammonia on a pilot basis.
  • The company has shown interest in establishing a plant in Himachal Pradesh that will produce green hydrogen for ethanol production.
  • This alternative fuel can be directly used as a replacement for petrol, aligning with the government's initiatives towards flexible fuels.
  • National Hydroelectric Power Corporation (NHPC) is also setting up a Green Hydrogen Mobility Project in Chamba district on a pilot basis.
  • This project will feature a dedicated solar plant, an electrolyzer unit for hydrogen production and a hydrogen storage system with a dispenser.
  • Land has been identified for this project at Mohal Monkhri in Chamba district.
National Green Hydrogen mission
  • It is a program to incentivise the commercial production of green hydrogen and make India a net exporter of the fuel.
  • The Mission will facilitate demand creation, production, utilization and export of Green Hydrogen.
  • Developing green hydrogen production capacity of at least 5 MMT (Million Metric Tonne) per annum, alongside adding renewable energy capacity of about 125 GW (gigawatt) in India by 2030.
  • It aims to entail over Rs 8 lakh crore of total investments and is expected to generate six lakh jobs.
  • It will also lead to a cumulative reduction in fossil fuel imports by over Rs 1 lakh crore and an abatement of nearly 50 MT of annual greenhouse gas emissions.
Source- Business standard

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