Six renewable energy companies including Acme Group, Azure Power and Fortum India have formed an independent advocacy group for green hydrogen, people aware of the matter said.
The Independent Green Hydrogen Association (IGHPA) aims to engage with the government and other stakeholders to achieve India’s objective of becoming a green hydrogen and ammonia producing country and an export hub, they said.
The other companies in the association are SunEdison Infrastructure (Refex Group), O2 Power and Sprng Energy.
IGHPA will provide technical, economic and regulatory inputs for development of policy framework and its implementation.
The association has appointed former bureaucrat Shashi Shekhar as director general. Shekhar was secretary in the ministry of water resources, river development and Ganga rejuvenation.
India has announced plans to produce five million tonnes of green hydrogen by 2030 and unveiled a policy that will enable manufacturers to source renewable energy to produce hydrogen or ammonia without paying transmission charges for 25 years.
Reliance Industries (RIL), Larsen & Toubro, JSW Steel, Jindal Steel, NTPC, BPCL and Indian Oil Corp, among others, have announced plans to set up green hydrogen units.
Source: The Economic Times
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