Answer-What is the target year for National Green Hydrogen Mission?

Question

Accepted Answer

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  RD  , 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 .  Learn Along    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 .

What is the target year for National Green Hydrogen Mission?

Detailed Solution

More Previous Year Paper Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login

RBI Grade B 2026 Phase 1 Memory Based Paper