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The Union Cabinet approved an initial outlay of Rs 19,744 crore for the National Green Hydrogen Mission. The initial outlay for the mission will include Rs 17,490 crore for strategic interventions for green hydrogen transition (SIGHT) programme, Rs 1,466 crore for pilot projects, Rs 400 crore for research and development (R&D), and Rs 388 crore towards other mission components. The initial target is to produce 5 million tonnes (mt) of green hydrogen annually.SIGHT will include two financial incentive mechanisms for the domestic manufacturing of electrolysers and the production of green hydrogen. The mission will also support pilot projects in emerging end-use sectors and the production pathways. Regions capable of supporting large-scale production and/or utilisation of hydrogen will be identified and developed as green hydrogen hubs. The National Hydrogen Mission was launched on August 15, 2021, with a view to cutting down carbon emissions and increasing the use of renewable sources of energy.The Ministry of New and Renewable Energy (MNRE) will formulate the scheme guidelines for implementation.The mission seeks to promote the development of green hydrogen production capacity of at least 5 MMT (Million Metric Tonnes) per annum with an associated renewable energy capacity addition of about 125 GW in the country by 2030.
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