Closely after Union finance minister Nirmala Sitharam proposed the introduction of a “National Hydrogen Energy Mission” in her budget speech, the government has started preparations for holding auctions for green hydrogen, which is hydrogen produced from renewable energy sources. Union power minister RK Singh said on Friday that the government is planning to call for green hydrogen bids in “4-5 months”.
The minister added that talks are on with other ministries to increase the penetration of domestic green hydrogen in industries such as fertilizer, steel and oil refineries, which otherwise import natural gas and ammonia to produce hydrogen. There are also discussions to put a mandate on using around 10% of domestic green hydrogen in such industries.
