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.
India’s ambitious Green Hydrogen Mission, backed by a Rs 400 crore R&D roadmap, aims to produce five million metric tons of green hydrogen annually by 2030.
A new report released today by NITI Aayog highlights that green hydrogen can substantially spur India's industrial decarbonisation and economic growth in the coming decades.
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