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           lakh jobs, and a reduction of 50 million metric tons of carbon dioxide emissions each year. He mentioned
           that the funding has already been provided for an annual production capacity of 3,000 megawatts of
           electrolyzers and an allocation of a capacity for 8.6 lakh tons of green hydrogen production per year.

           The minister stressed that "Any national program cannot succeed solely with financial assistance" and
           presented four national challenges before the educational and scientific community at 'IISC':

           Hydrogen conservation: It is difficult to store hydrogen. Keeping this in mind, it is very important to
           emphasize the need for serious and specialized research programs on safe and reliable hydrogen
           conservation solutions.

           Cost reduction of electrolysis systems: The minister emphasized on reducing the costs of electrolysis
           systems, by stating, 'True progress comes not from subsidies, but from science’. He advised the Indian
           Institute of Science's 'CeNSE' (Center for Nano Science and Engineering) specialized in nanomaterials and
           thin films to work towards 'developing next-generation, more efficient, low-cost electrolysis units.

           'Reducing the cost of hydrogen-powered vehicles: Shri Joshi highlighted the need to reduce the cost of
           hydrogen-powered vehicles and to develop accessible hydrogen fuel refuelling centres. He recognized the
           significant role of 'IISc' in developing high-efficiency, low-cost fuel cell technologies. He also mentioned
           that 5 pilot projects for 37 hydrogen-fuel vehicles and 9 fuel refuelling centres have already been provided
           under NGHM.

           Reducing the price of green hydrogen: The minister stated that it is very urgent to reduce the current cost
           of green hydrogen from Rs. 300-400 per kg to Rs. 100. He recalled Shri Amitabh Kant's goal of bringing it
           down to 1 dollar per kg by 2030. Before concluding his speech, the minister presented another challenge
           and requested the IISc community to not only to lead India in green hydrogen research but also to make
           India a world leader in affordable, immense, and sustainable hydrogen technology." In this regard, he
           assured full support from his ministry. He promised collaboration for pilot projects, financial aid and
           industrial partnerships for scaling up. He concluded his remarks by calling out, "Together, let us make
           India a frontrunner in the green hydrogen economy."

           Union Minister Shri Pralhad Joshi Flagged Off 435 MW Solar Plant in Rajasthan, Calls It a Model of Speed
           and Sustainability

           Underscoring Rajasthan’s transformation to a global hub of clean energy, Union Minister for New and
           Renewable Energy, Shri Pralhad Joshi, said that the state is now a beacon of hope, energy independence,
           and self-reliance. The Minister was inaugurating the 435 megawatt Gorbea Solar Power Project,
           developed by Zelestra India, in Rajasthan.

           He described the Gorbea project as a shining example of what is possible through visionary leadership
           and honest intent. “With every megawatt we generate, we are not just producing power, we are building
           a New India,” he remarked, adding that the project reflects the speed and scale of change.

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