India Allocates INR 200 Crore to Boost Green Hydrogen Testing Infrastructure under NGHM
As per the statement released by MNRE this funding aims to bolster the country's capabilities in testing, validating, and certifying technologies within the Green Hydrogen value chain from 2024 to 2026.
July 06, 2024. By News Bureau
As per the statement released by MNRE this funding aims to bolster the country's capabilities in testing, validating, and certifying technologies within the Green Hydrogen value chain from 2024 to 2026.
The Scheme aims to identify gaps in existing testing facilities for Green Hydrogen components, technologies, and processes, establish new testing infrastructure to ensure comprehensive evaluation and certification of these technologies, and upgrade current testing facilities managed by various agencies.
Additionally, it seeks to ensure the safe and secure operation of equipment used in the Green Hydrogen value chain and to encourage both private and public sector participation in establishing world-class testing facilities in India.
It may be noted that the National Green Hydrogen Mission was launched on January 4, 2023, with an outlay of INR 19,744 crore, with the aim to position India as a global hub for Green Hydrogen production, usage, and export.
It supports India's goal of self-reliance through clean energy and contributes to significant decarbonization, reduced fossil fuel dependency, and leadership in Green Hydrogen technology.
“The Scheme Implementation Agency (SIA), National Institute of Solar Energy (NISE), will manage the execution. A transparent process will be followed for selecting and supporting projects. The Project Appraisal Committee (PAC) will evaluate and recommend projects for administrative sanctions by MNRE,” said the statement.
Dwelling on the funding and disbursement, the note said, “Government entities will receive up to 100 percent funding, while non-government entities will get up to 70 percent for capital costs. Operational expense support will be available up to 15 percent of the total financial support. Funds will be released in three installments based on project milestones.”
Moreover, to ensure progress, a Steering Committee chaired by the Secretary, MNRE, will oversee the scheme. The SIA will submit quarterly reports and a Project Completion Report (PCR) detailing technical aspects, challenges, outcomes, and recommendations for future projects.
With this scheme, India exhibits its commitment to advancing the Green Hydrogen sector, driving innovation, and ensuring sustainable and safe energy practices.
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