Wednesday, May 22nd, 2024

India showcases its green hydrogen potential at the World Hydrogen Summit 2024 in Netherlands


India has set up its pavilion for the first time at the World Hydrogen Summit 2024 held in Rotterdam, Netherlands during 13-15 May.

The India pavilion set up by the Ministry of New and Renewable Energy is considered to be one of the largest pavilions at the summit.

The World Hydrogen Summit is a prestigious event in the global green hydrogen ecosystem. Around 15,000 delegates from across the world are participating in the summit.

The India Pavilion at the conference provides an opportunity for India to showcase to the world the progress made by the country in the field of green hydrogen.

The Indian delegation includes nominees from the Ministry of New and Renewable Energy, Department of Science and Technology, Ministry of Railways, Ministry of Petroleum and Natural Gas and private sector companies. Apart from various government-to-government interactions, the summit provides a platform for Indian industry to connect with companies from around the world.

India launched its National Green Hydrogen Mission in January 2023 with a total outlay of Rs 19,744 crore. India has set an ambitious target of achieving green hydrogen production capacity of 5 million tonnes by the end of 2030.

To date, the Ministry of New and Renewable Energy has awarded tenders to set up 412,000 tonnes of green hydrogen production capacity and 1,500 MW of electrolyzer manufacturing capacity.

India meets a large portion of its energy needs through fossil fuels, and various renewable energy sources, including green hydrogen, are seen as an opportunity to reduce dependence on conventional sources of electricity.

At COP26 held in 2021, India committed to an ambitious five-part “Panchamrit” pledge. These include reaching 500 GW of non-fossil power capacity, generating half of all energy needs from renewable energy, reducing emissions by 1 billion tonnes by 2030.

India as a whole aims to reduce the emissions intensity of GDP by 45 per cent. Ultimately, India is committed to net-zero emissions by 2070.

Union Minister R. Handles the power and renewables portfolio, it said recently.



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