India to Supply Green Hydrogen to Japan and Singapore: Launch of GHCI Certification Scheme
Key Ideas
- India to supply 4.12 lakh tonne of green hydrogen derivatives to Japan and Singapore, showcasing the country's emerging global leadership in green hydrogen production.
- Launch of Green Hydrogen Certification Scheme of India (GHCI) aimed at certifying green hydrogen production to ensure transparency and credibility.
- Certification process to be conducted by Accredited Carbon Verification (ACV) Agencies to guarantee the exclusive use of renewable energy sources in green hydrogen production.
- National Green Hydrogen Mission targets a green hydrogen production capacity of 5 million metric tonnes per year by 2030, with plans to make green hydrogen export-ready.
Minister for New and Renewable Energy Pralhad Joshi announced that India will supply 4.12 lakh tonne of green hydrogen derivatives to Japan and Singapore. This move solidifies India's position as a global leader in the green hydrogen sector. The Green Hydrogen Certification Scheme of India (GHCI) was also launched to ensure that green hydrogen production is certified, transparent, and credible. The GHCI mandates that producers undergo a certification process to validate the exclusive use of renewable energy sources. The certification process will be overseen by Accredited Carbon Verification (ACV) Agencies recognized by the Bureau of Energy Efficiency (BEE). Once India's carbon market is initiated in 2026, green hydrogen certificates will be tradable assets within the market. Minister Joshi emphasized the importance of certification to guarantee the environmental integrity of green hydrogen, making it competitive globally and fit for export. The National Green Hydrogen Mission aims to achieve a green hydrogen production capacity of 5 million metric tonnes annually by 2030, with an allocated budget of Rs 19,744 crore. Additionally, discussions are underway with state governments for Power Purchase Agreements (PPAs) to promote renewable energy, with efforts to address regulatory hurdles in collaboration with the Ministry of Power and the Central Electricity Regulatory Commission (CERC).
Topics
Green Hydrogen
Renewable Energy
Leadership
Export
International Trade
Power Purchase Agreements
Carbon Market
Regulatory Issues
Certification Scheme
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