Politics
India aims to become global hub for production, use and export of green hydrogen, says PM Modi
NEW DELHI: Prime Minister Narendra Modi on Wednesday said India wants to position itself as a global hub for the production, use and export of green hydrogen.
Speaking at the second edition of the International Conference on Green Hydrogen (ICGH-2024) in Delhi, Modi highlighted that India's non-fossil fuel capacity has grown by nearly 300 per cent in the last decade, and the country's solar power capacity has grown by a staggering 3,000 per cent during the same period.
“We aim to position India as a global hub for the production, utilisation and export of green hydrogen. The National Green Hydrogen Mission, launched in 2023, is a crucial step towards realising this ambition. It will drive innovation, build infrastructure, spur industrial growth and attract investments in the green hydrogen sector,” the Minister said.
Modi, stressing that climate change and energy transition are global concerns, called for international partnerships to enhance the impact of green hydrogen on decarbonisation.
Cooperation can help increase production, minimise costs and build infrastructure faster. We must also invest together in research and innovation to advance technology, Modi said.
Meanwhile, Prahlad Venkatesh Joshi, Minister of New and Renewable Energy, said that India is moving forward to become a global leader in green hydrogen. This mission not only has the potential to attract ₹8 lakh crore investments and generate 6 lakh jobs, but will also significantly reduce dependence on imported natural gas and ammonia, leading to savings of ₹1 lakh crore. As we move forward, our efforts will also help reduce carbon emissions by 5 MMT by 2030, positioning India as a beacon of sustainable development on the global stage, he said.
The three-day conference will host over 100 booths from industry players and state-owned companies showcasing the latest technologies and innovations in the green hydrogen value chain. The event will bring together over 2,000 national and international delegates, including academics, industry experts, startups, policymakers and diplomats.
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Sources 2/ https://www.newindianexpress.com/business/2024/Sep/11/india-aims-to-become-a-global-hub-for-the-production-utilization-and-export-of-green-hydrogen-pm-modi The mention sources can contact us to remove/changing this article |
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