Why in News?

• Recently, the Union Cabinet approved NGHM with an outlay of over ₹17000 crores.

Key Highlights:

• NGHM aims to make India a Global Hub for production, utilization and export of Green Hydrogen and its derivatives.
• Over 95% outlay for SIGHT (Strategic Interventions for Green Hydrogen Transition) programme.
• SIGHT programme provides two distinct financial incentive mechanisms-
  • Targeting domestic manufacturing of electrolysers.
  • Production of Green Hydrogen.
• Implemented by the Ministry of New and Renewable Energy (MNRE).

About NGHM

• Features
  • Establishment of Green Hydrogen (GH2) ecosystem.
  • Robust Standards and Regulations.
  • PPP for R&D (Strategic Hydrogen Innovation Partnership – SHIP incentive) etc.
  • Coordinated skill development programme under Mission.
• Expected outcomes by 2030
  • At least 5 MMT GH2 production capacity per annum.
  • Addition of 125 GW RE capacity.
  • Over ₹ 8 Lac crore in investments; 6 Lac jobs creation.
  • Reduction in fossil fuel imports of over ₹ 1 Lac crore.
  • Abatement of 50 MMT annual Greenhouse gas emissions.

Green Hydrogen

• Hydrogen emits only water when burned thus a clean energy source but its creation could be ‘carbon’ intensive.
• Based on production methods, hydrogen can be grey, blue, green and a few other types.
• Green Hydrogen is hydrogen produced by splitting water into hydrogen and oxygen using renewable electricity.