Green hydrogen is a clean and renewable alternative to traditional fossil fuels, which is produced by using solar or wind power to split water into hydrogen and oxygen, a process called electrolysis. In line with global sustainability efforts, the Government of India announced the National Hydrogen Mission, aiming to establish India as a hub for green hydrogen production and export. The Ministry of Power has initiated the first phase of the ‘Green Hydrogen Policy’ to support this mission. To accelerate the adoption of green hydrogen, the Ministry of New and Renewable Energy (“MNRE”) introduced the “Strategic Interventions for Green Hydrogen Transition (“SIGHT”) Programme – Component II: Incentive Scheme for Green Hydrogen Production and Supply” (“Scheme”).
The primary objectives of the Scheme are –
The implementation of the Scheme by MNRE signifies a crucial step forward in India’s commitment to fostering sustainable energy practices and creating a robust marketplace for green hydrogen. By involving oil and gas companies and the Centre for High Technology in the implementation process, the government aims to leverage industry expertise and technological advancements in the successful execution of the program.
To summarise, the outlined features and parameters of the SIGHT Programme present a strategic roadmap for the systematic and sustainable growth of green hydrogen production. This roadmap aligns with India’s broader goals of achieving energy security and environmental sustainability. As an energy law firm and as legal advisor to various stakeholders in the green hydrogen market, we look forward to the issuance of tenders under Mode 2B.
Feel free to reach out to our energy experts Praveen Raju, Amoolya Khurrana, and Janhavi Joshi, in case you have any queries.
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