Government Allocates Rs 1.15 Bn for Green Hydrogen Pilot

06 Feb 2024 CW Team

The Government of India has allocated Rs 1.15 billion for a green hydrogen pilot project in the shipping sector. Announced by the Ministry of New and Renewable Energy (MNRE), this initiative aims to promote the adoption of green hydrogen as a sustainable fuel alternative in the maritime industry.

The allocated funds will support the development and implementation of the green hydrogen pilot project, which will focus on exploring the feasibility and effectiveness of using green hydrogen as a clean fuel source for shipping operations. The project aligns with India's commitment to reducing carbon emissions and transitioning towards greener and more sustainable energy solutions.

The green hydrogen pilot project in the shipping sector holds significant potential to drive innovation and technological advancement in the maritime industry. By investing in green hydrogen technology, the government seeks to enhance the environmental sustainability of the shipping sector while fostering economic growth and job creation in the renewable energy domain.

Stakeholders in the shipping and renewable energy sectors welcome this initiative, recognising its potential to transform the maritime industry and contribute to India's climate goals. The green hydrogen pilot project represents a crucial step towards achieving a cleaner and more sustainable future for India's shipping sector.

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