Union power minister RK Singh said on Friday that the government is planning to call for green hydrogen bids in “4-5 months”.
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.
Once we start with this in three years, green hydrogen will become competitive,” Singh added. The minister was speaking at the launch of the “Go Electric” campaign to spread awareness on the benefits of electric vehicles and electric cooking in the country, which is seen to reduce import dependency by replacing oil and gas with domestic fuel based energy. Speaking at the same event, Union road transport and highways minister Nitin Gadkari proposed that the government can provide subsidies for buying electric cooking equipment instead of cooking gas to cut fuel imports.
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Hydrogen technology is being explored by the government to reduce dependence on imported products . According to experts, as against the more than 90 minutes it takes a heavy battery electric vehicle to charge, hydrogen fuel cell vehicles can be charged in 5-15 minutes.
State-run power generator NTPC has already signed an MoU with Siemens for production of green hydrogen from the company’s renewable energy plants and its use in transportation. It has also planned pilot projects to run five hydrogen-cell electric buses and five cars in Delhi and Leh. In its laboratories, NTPC is designing a prototype for hard/sea water electrolysis and reactors for hydrogen production through the photo-electro-chemical process.
Revised Reform Based Results Rs. 3,05,984 crore plan to be launched for the allied power distribution sector Hydrogen energy mission will start in 2021-22 for producing hydrogen from green energy sources. Competitors to give consumers the option to choose among power distribution companies The outline
Expressing serious concern over the viability of the power distribution companies, the Union Finance and Corporate Affairs Minister Smt Nirmala Sitharaman in her budget speech for 2021-22, proposed an outlay of Rs 3,05,984 crore for the Revised Reform Based Result Related Power Distribution Sector Scheme. Placed, which will be for five years.
The plan will provide assistance to power distribution companies (discoms) for the development of infrastructure associated with financial reforms with functions such as pre-paid smart meters and feeder separation, system upgrades.
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In her budget speech, Smt Nirmala Sitharaman mentioned the monopoly of power distribution companies across the country and also proposed to implement a competitive framework, so that consumers have the option to choose one of the power distribution companies.
Smt Nirmala Sitharaman said, “The past six years have seen many improvements and achievements in the power sector, we have added 139 GHz of installed capacity, got connections to an additional 2.8 crore households and extended transmission lines of 1.41 lakh circuit kilometers . ”
For a green and sustainable future, the Finance Minister will launch the Comprehensive National Hydrogen Energy Mission (National Hydrogen Energy Campaign) in 2021-22 to fulfill the announcement made by the Prime Minister in November 2020 to make hydrogen from green energy sources. Proposed.