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Niti Aayog bats for setting up of green hydrogen corridors
01 Jul 2022 CW Team
Green hydrogen can help India significantly reduce its dependence on imported fuel and, hence, inter-ministerial interventions are required to promote the production and the usage of green hydrogen, according to Amitabh Kant, CEO, Niti Aayog.
The Government think-tank has proposed setting up green hydrogen corridors and providing grants and support to entrepreneurs to promote its production, storage and export. The facility believes there is a need to facilitate investment through demand aggregation and dollar-based bidding for green hydrogen.
Green hydrogen is produced by electrolysis of water using renewable energy or from biomass.
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