Key Findings
India has reiterated that renewable energy, green hydrogen, and innovation are indispensable components for achieving its ‘Viksit Bharat 2047’ vision, which aims for the nation to become a developed country by its 100th year of independence. Green hydrogen, in particular, is positioned as key to decarbonizing energy-intensive industries and fulfilling climate objectives.
Policy & Strategy Details
Mahaveer Singhvi, Joint Secretary for Emerging & Strategic Technologies at India’s Ministry of External Affairs, articulated the critical importance of green hydrogen. The ‘Viksit Bharat 2047’ vision is an ambitious national goal for India to establish itself as a developed nation by 2047. Sustainable economic growth and energy security are fundamental to achieving this vision, with the transition to clean energy forming its core. The Indian government has launched the National Green Hydrogen Mission (NGHM) to support the entire hydrogen supply chain, from production, storage, and transportation to utilization. The mission includes incentives for expanding green hydrogen manufacturing capacity, investments in research and development, establishment of hydrogen hubs, and policy measures to encourage industrial adoption. The target is to achieve 5 million tons of green hydrogen production capacity annually by 2030, catering to both domestic and international demand.
Background & Context
India is the world’s third-largest emitter of greenhouse gases, and its growing energy demand due to economic expansion presents an unavoidable challenge. Concurrently, as part of its international commitment to climate action, India has pledged to achieve net-zero emissions by 2070. To meet this target, it is imperative to reduce reliance on coal-fired power plants, maximize renewable energy deployment, and rapidly decarbonize energy-intensive industries such as steel, chemicals, and cement. Green hydrogen is considered one of the most promising alternatives to fossil fuels in these sectors, and India’s vast renewable energy resources (solar and wind) hold significant potential for green hydrogen production.
Strategic Significance & Outlook
With strong impetus from the Indian government, the National Green Hydrogen Mission is expected to continue delivering concrete results. The synergy of expanded production capacity, infrastructure development, and technological innovation will enhance the cost-competitiveness of green hydrogen and accelerate its adoption across various industrial sectors. This will enable India to bolster its energy security and reduce dependence on imported fossil fuels. Furthermore, through the development and dissemination of green hydrogen technologies, India has the potential to establish itself as a crucial supplier and technology provider in the global clean energy market. The strategic role of green hydrogen in achieving the ‘Viksit Bharat 2047’ goals is anticipated to deepen significantly in the coming years.
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