Prime Minister Narendra Modi Launches Indigenous Hydrogen Fuel Cell Ferry
In a significant move towards India’s commitment to green energy, Prime Minister Narendra Modi virtually inaugurated the country’s first indigenously-developed hydrogen fuel cell ferry at Cochin Shipyard on February 28. This event aligns with India’s National Green Hydrogen Mission, initiated on January 4, 2023, aiming to position India as a global leader in the production, usage, and export of green hydrogen and its derivatives.
Green Hydrogen’s Versatility in Industries
Hydrogen, a transparent fuel, plays a crucial role in decarbonizing industries, aviation, and shipping sectors. India’s strategic move towards hydrogen aligns with its pledge at the 28th United Nations Climate Change Conference (COP28) to transition away from fossil fuels. Hydrogen, when consumed in a fuel cell, produces only water, making it an attractive option for transportation and electricity generation.
Green Hydrogen Applications in India
In India, hydrogen is already utilized in various industries, serving as feedstock in ammonia-based fertilizers, petrochemicals, plastics, and synthetic fibers. Now, it is gaining prominence as a backup energy source, especially for renewable energy plants. Telugu states are actively contributing to this transition, with NTPC Green Energy Limited signing an agreement to establish India’s largest green hydrogen production facility in Visakhapatnam.
India’s Hydrogen Mission Targets and Challenges
The National Green Hydrogen Mission, with a budget of ₹19,744 crore for 2023-2030, aims for energy independence by 2047, net-zero emissions by 2070, and the production of over 5 million metric tons of green hydrogen annually by 2030. However, the country faces challenges as it simultaneously increases fossil fuel production to meet rising electricity demand. Striking a balance between conventional and renewable sources is crucial to achieving India’s ambitious target of 500 GW of green capacity by 2030.
Outlook for India’s Hydrogen Economy
India’s focus on green hydrogen holds vast potential, with the mission expected to generate around 600,000 jobs by 2030. However, success depends on aligning financial commitments with ambitious plans. India’s target to produce 5 million tons of green hydrogen by 2030 requires accelerated efforts and increased investments. As the world anticipates a hydrogen-powered future, India’s commitment to its Hydrogen Mission will play a pivotal role in shaping the global green energy landscape.
Source：thehansindia.com
