To boost production, govt may provide Rs 50/kg support for green hydrogen

The government is planning to provide Rs 50 per kilogram to support the production of green hydrogen in the country. To this end, the government is working to contribute Rs 13,050 crore as incentives to support the production of green hydrogen, Mint has reported. The government has allocated a total of Rs 19,744 crore in support under the National Hydrogen Mission, according to the report.

The government plans to provide support of Rs 50 per kg of hydrogen in the first year, however, the support will be brought down to Rs 30 per kg of production in the third year.