The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the National Green Hydrogen Mission. The initial outlay for the Mission will be Rs.19,744 crore, including an outlay of Rs.17,490 crore for the Strategic Interventions for Green Hydrogen Transition Programme (SIGHT) programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other mission components.
Through the Mission, India aims to develop at least 5 MMT (Million Metric Tonne) per annum of green hydrogen by 2030, with an associated renewable energy capacity addition of about 125 GW in the country, with an investment of over Rs 8 lakh crore. As per the Government, this would result in cumulative reduction in fossil fuel imports over Rs. 1 lakh crore and abatement of nearly 50 MMT of annual greenhouse gas emissions.
The Mission will facilitate demand creation, production, utilization and export of Green Hydrogen. Under SIGHT, two distinct financial incentive mechanisms – targeting domestic manufacturing of electrolysers and production of Green Hydrogen – will be provided under the Mission. The Mission will also support pilot projects in emerging end-use sectors and production pathways. Regions capable of supporting large scale production and/or utilisation of Hydrogen will be identified and developed as Green Hydrogen Hubs.
An enabling policy framework will be developed to support establishment of the Green Hydrogen ecosystem. A Standards and Regulations framework will also be developed. Further, a public-private partnership framework for R&D (Strategic Hydrogen Innovation Partnership – SHIP) will be facilitated under the Mission.