New Delhi: Green Hydrogen Policy To be unveiled in the next 10 days including incentives such as free transmission for 25 years to boost the production of this clean source of energy, the Minister of Power and New and Renewable Energy RK Singh said on Thursday.
“We will come out with green hydrogen policy in the next 10 days. We will give free transmission for 25 years. So you can generate electricity to make hydrogen in Rajasthan or drive it to Guwahati or Baruni refinery (to make hydrogen) Singh while addressing a virtual conference on Smart Metering organized by the industry body Tea,
The minister also said that the policy will facilitate dollar-denominated bids, land offers in renewable energy parks and land allotment near ports to build bunkers for green hydrogen or ammonia.
“We want India to emerge as an exporter of green hydrogen… Japan wants to import and Germany too,” Singh said.
Raising the issue of payment for power supply, he said that free power supply ultimately affects the entire value chain.
“If he (politician or public representative) wants to give 100 units free of cost, he can do so from the budget. We don’t care. He can give entire taxpayers money for free electricity or water but then he will not be spared. With funds for the development of roads and other works.”
The minister was of the view that if they (states) cannot pay the subsidy for free electricity from their budget then they should not promise such freebies.
He said, “Many states find it different to pay subsidies (given in the form of free electricity). Many states do not even have an account for these subsidies. Uttar Pradesh is the one which does not have any account for subsidy. They should have to pay. Discoms do not have any account under which they can seek subsidy from the state government.”
Regarding smart metering, the minister said that the government will come out with an approved list of models and manufacturers for smart meters.
In this regard he said, “It is a huge opportunity and there are crores of consumers. If you have the capacity then make it (smart meter) completely here or you can start from 90 to 95 per cent (smart meter manufacturing). . Here… I don’t want to buy anything from my northern neighbor (China).”
The minister also talked about the inbuilt IT capability of smart meters in view of the threat of cyber attacks.
union power Secretary Alok Kumar pointed out the problem of chip shortage and said that for faster roll out of National Smart Metering Programme, more and more semiconductor chips should be produced in India.
“We will come out with green hydrogen policy in the next 10 days. We will give free transmission for 25 years. So you can generate electricity to make hydrogen in Rajasthan or drive it to Guwahati or Baruni refinery (to make hydrogen) Singh while addressing a virtual conference on Smart Metering organized by the industry body Tea,
The minister also said that the policy will facilitate dollar-denominated bids, land offers in renewable energy parks and land allotment near ports to build bunkers for green hydrogen or ammonia.
“We want India to emerge as an exporter of green hydrogen… Japan wants to import and Germany too,” Singh said.
Raising the issue of payment for power supply, he said that free power supply ultimately affects the entire value chain.
“If he (politician or public representative) wants to give 100 units free of cost, he can do so from the budget. We don’t care. He can give entire taxpayers money for free electricity or water but then he will not be spared. With funds for the development of roads and other works.”
The minister was of the view that if they (states) cannot pay the subsidy for free electricity from their budget then they should not promise such freebies.
He said, “Many states find it different to pay subsidies (given in the form of free electricity). Many states do not even have an account for these subsidies. Uttar Pradesh is the one which does not have any account for subsidy. They should have to pay. Discoms do not have any account under which they can seek subsidy from the state government.”
Regarding smart metering, the minister said that the government will come out with an approved list of models and manufacturers for smart meters.
In this regard he said, “It is a huge opportunity and there are crores of consumers. If you have the capacity then make it (smart meter) completely here or you can start from 90 to 95 per cent (smart meter manufacturing). . Here… I don’t want to buy anything from my northern neighbor (China).”
The minister also talked about the inbuilt IT capability of smart meters in view of the threat of cyber attacks.
union power Secretary Alok Kumar pointed out the problem of chip shortage and said that for faster roll out of National Smart Metering Programme, more and more semiconductor chips should be produced in India.
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