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Sustainable hydrogen push to biofuels pact - BioBiz

24 Dec 2023

  • India launched the National Green Hydrogen Mission, which aims to produce 5 million tonnes of green hydrogen annually by 2030, and allocated 17,490 crore for incentives to boost its production and usage.
  • India announced plans to add 50GW of renewable energy capacity annually till FY28, with at least 10GW from wind power, to achieve the 500GW target by 2030.
  • India approved a 3,670 crore viability gap funding scheme for battery energy storage systems, which can support round the clock renewable power supply.

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