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India’s National Green Hydrogen Mission Progress and Policy Framework

Economy news – VoiceOfGP

The Press Information Bureau has released a backgrounder detailing the progress and policy architecture of India’s National Green Hydrogen Mission (NGHM). Implemented by the Ministry of New and Renewable Energy (MNRE) with an outlay of ₹19,744 crore, the mission aims to achieve at least 5 million metric tonnes of annual production capacity by 2030.

According to the release, the government has introduced several enabling measures, including a 25-year waiver of Inter-State Transmission System charges for green hydrogen and ammonia plants commissioned by 31 December 2030. Other measures comprise duty benefits under the SEZ Act, exemptions from prior Environmental Clearance, and provisions for Open Access within 15 days and surplus electricity banking for up to 30 days.

What it means

  • Green hydrogen and green ammonia plants commissioned by 31 December 2030 are exempt from Inter-State Transmission System (ISTS) charges for 25 years.
  • Duty benefits under Section 26 of the Special Economic Zones Act, 2005, are extended to eligible units installing renewable energy equipment exclusively for captive consumption.
  • Standalone plants producing green hydrogen or green ammonia through water electrolysis using renewable energy are exempted from prior Environmental Clearance.

Source

Press Information Bureau, Government of India, “Green Hydrogen”. Read the original release.

Summary of an official release for general information only. Not investment advice. Read the original source before acting on any information.

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