India's Green Hydrogen Leap: A Commitment to Energy Transition
Minister Shripad Yesso Naik emphasizes the potential of Green Hydrogen for ensuring energy security in India. Urging global investments, he highlights initiatives for research, infrastructure, and regional growth. Partnerships and regulatory frameworks are essential to position India as a Green Hydrogen hub.
- Country:
- India
The push for Green Hydrogen as a viable energy source took center stage as Minister of State for New & Renewable Energy Shripad Yesso Naik urged industry leaders to invest in research, development, and infrastructure. Speaking at the CII International Business Conclave on Green Hydrogen, Naik called it a crucial element in reducing reliance on fossil fuels and enhancing economic competitiveness.
The Indian government, with its robust Micro, Small, and Medium Enterprise (MSME) base, aims to implement distributed models to stimulate local demand and growth. These efforts are instrumental in establishing Green Hydrogen corridors nationwide, ensuring regional accessibility, and reducing disparities.
Furthermore, India strives to become a global Green Hydrogen hub through international partnerships with regions like the EU, Japan, and Germany. By collaborating on offtake agreements and shared infrastructure, the nation is poised to solidify its position in the global energy landscape, despite challenges such as cost and regulatory barriers.
(With inputs from agencies.)
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