Prime Minister Narendra Modi aims to transform India into an energy-independent nation by 2047 where green hydrogen will play an active role as an alternate fuel to petroleum/ fossil-based products. Addressing the nation on the 75th Independence Day, Prime Minister Narendra Modi announced the National Hydrogen Mission with the aim of making India a hub for the production and export of green hydrogen and thus being a self-reliant and energy-independent nation.
Prime Minister Narendra Modi launched the National Hydrogen Energy Mission on August 15th, 2021, with a larger aim of making the nation energy independent and achieving Net Zero emission by 2070. The Union Cabinet approved the National Green Hydrogen Mission on 4th January 2022, with the aim of developing a green hydrogen production capacity of five million metric tonnes and an associated renewable energy capacity addition of 125 gigawatts by 2030. Green hydrogen can potentially reduce 3.6 gigatonnes of carbon dioxide emissions by 2050, according to the NITI Aayog report.
The Mission aims to increase the export of green hydrogen and simultaneously reduce fossil fuel imports of over Rs 1 lakh crore. The initial outlay for the Mission is Rs. 19,744 crore in Strategic Interventions for the Green Hydrogen Transition programme, for various Pilot Projects, and for Research & Development. Prime Minister Narendra Modi said that the National Green Hydrogen Mission is a landmark step towards sustainable development and creating investment opportunities for our youth.