: Government to unveil green hydrogen policy #finance #StockMarketNEWS #Business Press Trust of India New Delhi The green hydrogen policy will be unveiled in the next 10 days featuring incentives
Government to unveil green hydrogen policy #finance #StockMarketNEWS #Business
Press Trust of India
New Delhi
The green hydrogen policy will be unveiled in the next 10 days featuring incentives like free transmission for 25 years to boost production of this clean source of energy, Union Power and New and Renewable Energy Minister R K Singh said on Thursday.
“We will come out with the green hydrogen policy in the next 10 days. We will give free transmission for 25 years. So you can generate power for making hydrogen in Rajasthan or transport it to Guwahati or to Baruni refinery (to make hydrogen),? said Singh while addressing a virtual conference on smart metering organised by industry body CII.
The minister also said that the policy will feature dollar denominated bids, offer of land in renewable energy parks and land allocation near ports for creating bunkers for green hydrogen or ammonia.
“We want India to emerge as the exporter for green hydrogen Japan wants to import and Germany also,? Singh said. Raising the issue of payment for power supply, he said free power supply ultimately affects the entire value chain.
“If he (politician or public representative) wants to give 100 units free then he can do so from the budget. We don’t mind that. He can give entire taxpayerp&H[ۙ^H܈YH[X X] H܈ ]] [H [HY ][ ܈][Y[و Y [ ܚˈ8HZ[ و H Y] ]Y ^H
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