“India has to seize the moment and do something about its energy import bills”, said RK Singh, Union Minister for Power and New & Renewable Energy, during the National Thermal Power Corporation conference on ‘Green Hydrogen Pilots in India’.
He also advocated Green hydrogen pilots projects and it being implemented by both the public and private sectors. India imports a huge amount of energy from other nations and the charges we pay for it are both in the form of money and environment too. India is looking forward to a sustainable growth in the green energy sector.
Bhupinder S. Bhalla, Secretary, Ministry of New & Renewable Energy, said that the National Green Hydrogen Mission is a pilot project worth Rs 1,499 crore. We are also aiming to increase our R&D on Green hydrogen energy and find various areas for creating a Green hydrogen ecosystem.
Projects like this are going to be much-needed booster drinks, he stated.
“For long, we have been huge energy importers. If we don’t do something about this, our import bills will multiply. We have this huge economy, which will continue growing at 7 - 8 per cent for next two-three decades. Our requirements for energy are huge. Our power demand has grown by 21 per cent in August 2023 as compared to August 2022", he said.
He also mentioned that the power demand is about 40 GW – 50 GW per day which is more than the corresponding day last year.
India is aiming to grow as refuelling destination for all green ships in the future.
The minister stressed that India needs to grow its own natural energy sources to reduce the import of energy from other countries. Green hydrogen energy is going to make us self-reliant and put us one step ahead in reaching our environmental goals.
Expressing his concerns related to the charges Singh said, “India has to seize the moment and do something about its energy import bills”. He said that India's population constitutes 17 per cent globally and contributes four per cent to the carbon-emission. To boost this four per cent, we have capabilities to create green hydrogen energy at lower costs and become the biggest manufacturers in the world.
India is growing its soft power in each direction and green hydrogen energy will be a great step to add one more star in the list. Advocating his statement, he also stated, "When they say clean hydrogen, these countries mean hydrogen made from natural gas, resulting in emission of 11 kgs of hydrogen for every kilogram of hydrogen. They wanted us to stop using the term green hydrogen as well, but we stuck to our line. The world will by and large follow this approach.”