Get Started with ixamBee
Start learning 50% faster. Sign in now
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.
Which company has received RBI approval to acquire Tata Communications Payment Solutions Ltd (TCPSL)?
The government has relaxed the norms for various small savings schemes, including the Public Provident Fund (PPF) and Senior Citizen's Savings Scheme.It...
What was the main agenda of PM Modi’s visit to Saudi Arabia in April 2025?
State Bank of India (SBI), has floated a green rupee term-deposit scheme to raise money for financing environment-friendly projects. Which of the follow...
Kabaddi was introduced for the first time for promotional purposes as a demonstration sport in Olympic games in which year?
Which of the following became the first Indian company to buy UAE’s T20 League franchise?
Who emphasized the importance of behavior, knowledge, and habits in cyber security at the Cyber Security Conclave organized by CSC and USI?
Which among the following recently passed a bill allowing people to carry concealed guns without permit?
What is the significance of the Indian Air Force Heritage Centre inaugurated by Defence Minister Rajnath Singh in Chandigarh?
What is the name of the new scheme approved by the Union Cabinet to improve the fisheries sector and provide access to institutional credit for fisherie...
