Out of the total allocation, the Centre would provide incentives worth ₹17,490 crore for production of both electrolyzers and green hydrogen for a period of five years.
“The initial outlay for the Mission will be Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT programme, ₹1,466 crore for pilot projects, ₹400 crore for R&D, and ₹388 crore towards other Mission components,” said an official statement, adding that the ministry of new and renewable energy (MNRE) will formulate the scheme guidelines for implementation of the respective components. Mint had first reported about the government’s plan to come up with a green hydrogen programme on July 1, 2021 and on October 24, 2022, Mint also reported that the national green hydrogen mission would be allocated around ₹20,000…
Cabinet approves ₹19,744 cr National Green Hydrogen Mission
