Page 47 - Policy Economic Report - September 2024
P. 47

POLICY AND ECONOMIC REPORT
                    OIL & GAS MARKET

                India is asserting its emerging dominance in the Green Hydrogen Sector: Pralhad Joshi at the curtain
                raiser of ICGH 2024

                The Government of India is organising the 2nd International Conference on Green Hydrogen from 11-13
                September at the Bharat Mandapam, New Delhi.

                At the curtain-raiser ceremony, Shri Pralhad Joshi, Union Minister of New & Renewable Energy; Consumer
                Affairs, Food & Public Distribution highlighted the conference's significance in advancing India's Green
                Hydrogen ecosystem.

                "The second edition of International Conference on Green Hydrogen (ICGH 2024) marks a significant
                milestone in our endeavour towards making India the global hub for the production of Green Hydrogen
                and its derivatives. This year, the three-day event will bring together thought leaders, policymakers,
                industry experts, and innovators from around the world to explore the latest advancements in Green
                Hydrogen technology."

                Shri Joshi, further said, "We are committed to making India a world leader in this crucial sector. Under
                Honourable Prime Minister Shri Modi's leadership, we are sending a clear message about India's
                aspirations for a leadership position in clean energy and assert its emerging dominance in the Green
                Hydrogen sector. Through the National Green Hydrogen Mission, we expect to position India as the global
                hub to produce Green Hydrogen and its derivatives. The conference will provide a platform for showcasing
                products, services and technologies to a global audience. The conference will also discuss green financing,
                human resource upskilling and start-up initiatives. After the successful completion of the first edition of
                the International Conference on Green Hydrogen last year, we are presenting the second edition, and it
                is bigger this time, just like the ambition in the Green Hydrogen sector. 2000 registrations have already
                taken place, and we are expecting over 6000 registrations from International and national scientists, and
                120+ exhibitors."

                As part of its quest towards energy transition, the first edition of the International Conference on Green
                Hydrogen (ICGH) 2023 was successful in bringing together stakeholders from India and across the world,
                to explore establishing a Green Hydrogen ecosystem and foster a systemic approach for meeting the
                global goals for decarbonization through Green Hydrogen.

                Since the inaugural edition, the Indian mission has achieved significant progress namely awarding capacity
                of 3000 MW for electrolyser manufacturing; 4,12,000 TPA (Tonnes Per Annum) for Green Hydrogen
                production; issued tenders for 4,50,000 TPA of Green Hydrogen capacity and 7,39,000 TPA of Green
                Ammonia production. Pilot projects are likely to be initiated in the steel, shipping and mobility sector. The
                government has also launched the R&D scheme with an outlay of Rs. 400 crores to support the research
                activities in the Green Hydrogen ecosystem.

                The timing of the conference is particularly significant as nations worldwide intensify their efforts to
                combat climate change and reduce dependence on fossil fuels. Developing Green Hydrogen technologies

September 2024  Page | 46
   42   43   44   45   46   47   48   49   50   51   52