National Green Hydrogen Mission - The Hindu - 06/01/23

Context:
The Union Government has approved a Rs 19,744 crore National Green Hydrogen mission that aims to make India a ‘global hub’ for using, producing and exporting green hydrogen.
Relevance:
GS2
About:
-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.

->Sub Schemes:
-Strategic Interventions for Green Hydrogen Transition Programme (SIGHT): It will fund the domestic manufacturing of electrolysers and produce green hydrogen.
-Green Hydrogen Hubs: States and regions capable of supporting large scale production and/or utilization of hydrogen will be identified and developed as Green Hydrogen Hubs.

->Objective:
-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.

->Nodal Ministry: Ministry of New and Renewable Energy

->Significance:
-It will help entail the decarbonisation of the industrial, mobility and energy sectors; reducing dependence on imported fossil fuels and feedstock; developing indigenous manufacturing capabilities; creating employment opportunities; and developing new technologies such as efficient fuel cells.

->Challenges?
-In Nascent Stages Globally
-Economic sustainability

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