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Source: The post is based on the article “Govt unveils guidelines for green hydrogen production, electrolyser manufacturing” published in The Hindu Business Line on 6th July 2023
What is the News?
The Union Ministry of New and Renewable Energy (MNRE) has issued scheme guidelines for implementation of Strategic interventions for green hydrogen transition(SIGHT) programme.
What is Strategic Interventions for Green Hydrogen Transition (SIGHT) programme?
SIGHT is a major financial measure under the National Green Hydrogen Mission.
Objectives: 1) To maximize production of Green Hydrogen and its derivatives in India 2) Enhance cost-competitiveness of Green Hydrogen and its derivatives vis a-vis fossil-based alternatives and 3) Encourage large scale utilization of Green Hydrogen and its derivatives.
Components: The programme has two distinct financial incentive components:
– Component I: It targets domestic manufacturing of electrolysers.
– Component II: It focuses on green hydrogen production
Implementing Agency: Solar Energy Corporation of India (SECI)
What is the National Green Hydrogen Mission?
