Green hydrogen will be crucial for India’s economic development, energy security and achieving decarbonisation of harder to abate sectors, according to the Economic Survey 2022-23.
The survey tabled in the Parliament on Tuesday stated that from the emerging global momentum on green hydrogen, India can situate this decarbonisation opportunity not just within the context of a low-carbon economy but also as an enabler of energy security and economic development for the nation.
Green hydrogen will be crucial for achieving decarbonisation of harder-to-abate sectors such as fertilisers, refining, methanol, maritime shipping, iron & steel and long-haul transport, the survey said.
