August 19, 2022
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India needs to form Green Hydrogen Corridors: Niti Aayog


NEW DELHI: India must kind Inexperienced Hydrogen Corridors and governments can have a look at offering grants to startups in addition to help entrepreneurs to advertise inexperienced hydrogen, NITI Aayog stated on Wednesday.
In a report titled ‘Harnessing Inexperienced Hydrogen – Alternatives for Deep Decarbonisation in India’, the Aayog additionally recommended that there’s a must facilitate funding by demand aggregation and dollar-based bidding for inexperienced hydrogen.
“Three hydrogen corridors ought to be developed throughout the nation based mostly on state grand challenges … The governments can present grants and loans to startups and tasks, help entrepreneurs by incubators and investor networks, and put in place laws that handle first-mover dangers,” the report stated.
The federal government can even use public procurement and buy incentives (for inexperienced hydrogen) to create demand in area of interest markets and crowd in personal funding, it added.
The report recommended that the federal government ought to promote export of inexperienced hydrogen and inexperienced hydrogen-embedded merchandise by a world hydrogen alliance.
Inexperienced Hydrogen/ Inexperienced Ammonia is outlined as hydrogen/ ammonia produced by the use of electrolysis of water utilizing renewable vitality, together with renewable vitality which has been banked and the hydrogen/ammonia produced from biomass.
Most massive economies together with India have dedicated to internet zero targets.
The report predicted that hydrogen demand in India may develop greater than four-fold by 2050, representing nearly 10 per cent of world hydrogen demand.
In the long run, metal and heavy-duty trucking are more likely to drive nearly all of demand progress, accounting for nearly 52 per cent of whole demand by 2050, it added.
Emphasising that the roadmap must also determine a timeline and scale of producing help for electrolysers, the report stated, “India could purpose for 25 GW of electrolysers by 2030, whereas additionally investing $1 billion in R&D to catalyse the event of business inexperienced hydrogen applied sciences throughout the worth chain.”
It famous that radically enhancing the pace of regulatory clearances coupled with preferential remedy in public tenders will assist catalyse native manufacturing.
The report recommended that grand challenges, public-private enterprise capital and financing take a look at bench infrastructure might be a part of the R&D investments.
Addressing the nation on the seventy fifth Independence Day, Prime Minister Narendra Modi had introduced the Nationwide Hydrogen Mission with an purpose to make India a hub for manufacturing and export of inexperienced hydrogen.
The report opined that the federal government can intervene on the provision aspect to scale back the price of inexperienced hydrogen to $ 1/kilogram (kg).
The price of hydrogen from electrolysis at present is comparatively excessive, between round $7/kg and $4.10/kg relying on numerous expertise selections and the related tender prices.
The report recommended that states ought to be inspired to launch their very own inexperienced hydrogen-based insurance policies as a way to complement efforts on the nationwide stage.
It additionally recommended that the federal government ought to provoke inexperienced hydrogen requirements and a labelling programme.
Releasing the report, NITI Aayog’s Vice Chairman Suman Bery stated de-carbonising heavy trade is a giant problem for a rustic that’s nonetheless to enter its peak industrial section.
“The report launched by NITI Aayog explores the opportunity of India changing into a world hub for inexperienced hydrogen manufacturing and export,” Bery added.
The report goals to function a key information base for India’s Inexperienced Hydrogen Coverage discourse and personal sector funding choices.

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