The government has announced new pilot projects to reduce carbon emissions in the steel industry. These projects are part of the National Green Hydrogen Mission and will be run by the Ministry of New and Renewable Energy (MNRE) and the Ministry of Steel.
While the European Union, China and the US outdo each other as to who will provide the world with the best electrolyzers for hydrogen production, the deposits of this clean and renewable element lie underground, like oil or coal.
One of the explanations is that it has been proven to be an emission-free renewable fuel which can replace fossil fuels. Hence, it can pave the way for a renewable hydrogen fuel economy.
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