Green Hydrogen/Green Ammonia Policy Notified
Recently the Ministry of Power has notified the Green Hydrogen/Green Ammonia Policy.
The National Hydrogen Mission was announced by the Prime Minister on the occasion of India’s 75th Independence Day. The goal of this mission is to produce 5 million ton of green hydrogen by the year 2030. It is in this light that this policy has been notified.
Meaning of Green Ammonia & Hydrogen:
Production of hydrogen and ammonia based fuels. This production is done using electricity obtained from renewable energy sources.
Salient Features of the Policy:
- Green hydrogen/ammonia manufacturers can buy renewable energy from the electricity exchange. In addition, they can also set up renewable energy generation capacity on their own.
- Hydrogen/ammonia manufacturers will be given the benefit of Renewable Purchase Obligation (RPO).
- Selected manufacturers will be given exemption from inter-state transmission charges for a period of 25 years.
- Manufacturers and renewable energy plants will be connected to the grid on a priority basis.
- Manufacturers will be allowed to set up bunkers near ports. This would allow them to store green ammonia for export or use for shipping.
- A single portal will be set up to carry out all the activities including statutory clearances.
Importance of Green Hydrogen/Green Ammonia Policy:
- Providing clean fuel to people, reducing dependence on fossil fuels, reducing import of crude oil,
- Exports to India for G – Hydrogen/Green Ammonia.
- Helping to emerge as the center etc.
Source – The Hindu