This policy provides incentives for Gencos and producers to produce green energy.

Release the first part of the Indian National Hydrogen Policy, the government on Thursday announced several incentives for potential producers, generation companies (Gencos) and distribution license holders (discounts) to increase the production of large-scale green hydrogen customs, so that the energy sector can be carried out and reducing dependence Heavy Indian on fossil fuels and crude oil imports. However, industrial experts seek more clarity as they claim according to the latest policy, many will still depend on tariffs charged by each state and the United States (UTS).

This policy was notified by the Ministry of Power on Thursday after Minister of Finance Nirmala Sitharaman first revealed the plan of India to utilize green hydrogen in budget speech 2021. Then, Prime Minister Narendra Modi announced the national hydrogen mission in his independence day speech in August. The second part of the policy, which tends to be about the mandate (refinery, fertilizer company etc.) the use of green hydrogen and green ammonia is gradually and also offers a pli, will require cabinet approval and is currently being reviewed by the Finance Expenditure Committee.

As reported by HT on January 30, the policy will offer a full neglect of transmission costs between countries for 25 years for those who explore green hydrogen in India. Manufacturers green green and green ammonia will get the benefit of their plants assigned before 30 June 2025. Hydrogen / ammonia green manufacturers and renewable energy factories will also connect connectivity to the grid on “priority” to avoid procedural delays. Other incentives offered by policy is that hydrogen / ammonia green production will be considered to the obligation of manufacturers’ renewable purchases (RPO) and the same will apply even for discounts that use renewable energy.

RK Power Minister Singh said the implementation of this policy would provide net fuel to ordinary people in the country. “This will reduce dependence on fossil fuels and also reduce crude oil imports. The goal is also for our country to emerge as a hub export for green hydrogen and green ammonia. This policy gives the freedom of the company to regulate the capacity of renewable energy wherever itself or through the developer . This (policy) to promote renewable energy generation for the re is a basic ingredient in making a green hydrogen. This in turn will help in meeting international commitments to clean energy, “he said.

This policy also allows producers to organize their factories in one of existing or upcoming renewable energy parks or even in one of the “manufacturing zones”, which is currently the government is preparing a road map. “Green hydrogen / green ammonia can be produced by developers using renewable energy from renewable energy factories (Re) located together, or sourced from plants located far away, both regulated by the same developers, or third parties or reclaimed from the power exchange. Hydrogen / Green Green Green Plants will be given open access to the resource back within 15 days of receipt of receipt in all respects. Open access costs must be in accordance with the stipulated rules, “the policy seen by HT said.

Manufacturers can also make renewable power banks that are not consumed up to 30 days, with a discode and bring it back when needed. “Discom can also do and supply back to green hydrogen manufacturers / green ammonia in their country with concession prices which will only include procurement costs, wheel costs and small margins determined by the State Electricity Commission,” he said, “he said, while also allowing producers To set the bunker near the port for green ammonia storage for export or used by shipping. Land to build the storage unit will be provided at a rate applicable by each port authority.

Hydrogen green is produced using renewable energy through electrolysis. This policy also clarified that hydrogen and ammonia produced from biomass or renewable energy sources that had been deflected would also be considered as “green” hydrogen and “green” ammonia.

Hemant Mallya, the senior lead program, the Energy Council, Environment and Water (CEE) said the fasteners of the allegations of open-open access were a good first step in enabling green hydrogen production distributed at a low cost.