The government will set up an empowered group headed by Cabinet Secretary for steering and guiding the implementation the National Green Hydrogen Mission, which aims to make India a global manufacturing hub the clean source of energy, reports Press Trust of India. The group will comprise Principal Scientific Adviser to the Government of India, NITI Aayog CEO, and secretaries of various ministries besides departments of scientific and industrial research, promotion of industry and internal trade, and experts from the industry, according to the Mission Document.
The Union Cabinet on January 4 approved the mission with an outlay of Rs 19,744 crore to make India a global hub for the manufacturing of this clean source of energy, and development of a production capacity of at least 5 MMT (Million Metric Tonnes) per annum with an associated renewable energy capacity addition of about 125 GW in the country by 2030.
The effective implementation of the Mission requires strong coordination among various ministries and departments of central and state governments, industry, institutions, and other stakeholders.
It will carry out technology gap analysis for various aspects of the value chain and accordingly define broad performance and cost targets based on global benchmarking.
The Ministry of New and Renewable Energy (MNRE) will be the nodal coordinating ministry for the Mission and will undertake the overarching policy formulation and programme implementation with an aim to scale up production of green hydrogen, green ammonia and other derivatives and enable cost reduction. The government has also identified several risk factors which will be dealt with timely action through necessary policy changes to make the National Green Hydrogen Mission a success, it said.
The mission seeks to minimise various risks through an appropriate mix of financial and non-financial levers, and review mechanisms. These will be monitored regularly by the mission secretariat through regular consultations with stakeholders.
"An indicative categorization and associated management/mitigation measures for the likely risks are detailed (mission in the document)," it said.
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