Union Budget 2025 Doubles Green Hydrogen Allocation to ₹600 Crore, Boosting Clean Energy Transition – EQ
In Short : The Union Budget 2025 allocates ₹600 crore for green hydrogen, marking a 100% increase from previous funding. This significant boost aims to accelerate India’s transition to a clean energy future, supporting the development of green hydrogen production, infrastructure, and technology. The move strengthens India’s commitment to reducing carbon emissions and achieving energy security through sustainable solutions.
In Detail : The Union Budget 2025 has allocated ₹600 crore for green hydrogen, doubling the previous allocation to accelerate the nation’s clean energy transition. This move highlights the government’s commitment to developing sustainable energy solutions and reducing carbon emissions. Green hydrogen has the potential to play a pivotal role in India’s energy landscape, contributing to energy security and decarbonization efforts.
The increased budget for green hydrogen will support the development of infrastructure, technology, and production capabilities. With the growing demand for clean energy, the government aims to position India as a global leader in green hydrogen production. The focus on hydrogen aligns with India’s vision of achieving net-zero emissions by 2070.
India has already made strides in the renewable energy sector, with significant investments in solar, wind, and other clean energy sources. Green hydrogen, however, offers a unique advantage, particularly in decarbonizing hard-to-abate sectors like heavy industries and transport. By promoting green hydrogen, India can diversify its clean energy portfolio and ensure long-term sustainability.
The government’s move to double the green hydrogen allocation is expected to attract investments, both domestic and international, to further scale up production and technological advancements. It will also create new job opportunities, particularly in research, manufacturing, and infrastructure development, contributing to the overall growth of the clean energy sector.
The allocation is also likely to support research and development in hydrogen technologies, making it more cost-effective and scalable. With the rise in demand for zero-emission fuels, India can tap into global markets, driving exports of green hydrogen while reducing its dependence on imported fossil fuels.
This commitment to green hydrogen is a step in the right direction for India’s energy future. As the country focuses on achieving energy security and climate targets, this enhanced funding will provide the necessary momentum to meet its clean energy goals and accelerate its transition to a low-carbon economy.
