Union Minister for New and Renewable Energy RK Singh informed that Centre may come up with production linked incentive (PLI) scheme for green hydrogen.
Speaking at the third edition of CII’s ‘AatmaNirbhar Bharat in Renewable Energy’ conference, the minister said that the incentive would be required only for the initial green hydrogen projects in the country.
In February this year, Centre released the national green hydrogen policy, and a comprehensive green hydrogen mission is still in the works.
The minister also stressed on the need to generate “green” Hydrogen instead of “decarbonised” hydrogen, which he said some developed countries have proposed decarbonised hydrogen which may involve methane and carbon dioxide emissions.
Singh added that India, had 42% of non-fossil fuel capacity as of 2021, anad will have over 65 per cent of non-fossil fuel capacity by 2030.
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