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An alternative to petrol is coming.. Green Hydrogen Mission Rs. 19,744 crores

The News GlorybyThe News Glory
04/01/2023

The center has focused on alternative fuels to petrol and diesel and has taken a key decision in that direction. For ‘National Green Hydrogen Mission’ Rs. It has decided to spend 19,744 crores. It was approved in the Union Cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday (January 4). Union Minister Anurag Thakur revealed this to the media. This mission is unique in achieving clean oxygen while reducing carbon emissions and significantly reducing air pollution.

Minister Anurag Thakur said that the Center is taking steps towards reducing the consumption of fossil fuel (petrol, diesel) and promoting renewable energy in the country. As part of this, the Center has allocated Rs. 19,744 crores for the Green Hydrogen Mission, which aims to make India a clean energy manufacturing hub. In this Rs. 17,490 crores will be allocated for the Sight (SIGHT) programme.

For pilot projects Rs. 1446 crores, Research and Development Rs. 400 crores and for other departments related to this mission Rs. 388 crore will be spent. Minister Anurag Thakur said that the concerned Ministry (Ministry of New and Renewable Energy) will soon issue guidelines regarding the implementation of this project.

Advantages of Green Hydrogen Mission:
★ By 2030 through Green Hydrogen Mission Rs. 8 lakh crore investment is expected by the Centre.

★ It is estimated that 6 lakh jobs will be created through this project.

★ By 2030, the Modi government hopes to reduce fossil fuel imports worth lakhs of crores and reduce greenhouse emissions by 50 million metric tonnes.

★ The mission aims to achieve 125 giga watts of renewable energy capacity by 2030. The target is to achieve a green hydrogen production capacity of 5 million metric tonnes per annum.

★ The ‘carbon free hydrogen’ produced by this mission will be used as fuel in automobile vehicles. It is also used as a source of fuel in industries like oil refineries and steel mills.

★ Green hydrogen is produced by splitting water in a chemical process. ‘Green hydrogen’ is produced when water is split by electrolysis using electricity generated from renewable sources such as the sun. The by-product of this process is ‘Oxygen’.

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