Latest news with #SantoshKumarSarangi
Time of India
2 days ago
- Business
- Time of India
Green hydrogen use likely to be tracked: RE Secy
The government is preparing a plan to track utilisation of green hydrogen and build global partnerships for exporting the fuel, the secretary to the new and renewable energy ministry Santosh Kumar Sarangi said on Thursday. Speaking at the CII International Business Conclave on Green Hydrogen, he said traceability of green hydrogen utilisation is very important. He also said that concessions for green hydrogen export will be part of India's deliberations in trade agreements. According to him, it is not currently possible to decipher whether steel was made using grey or green hydrogen once production is complete. "Having traceability and trackability (of green hydrogen utilisation) is important." Steel is among the sectors where a push is being made for decarbonisation across the world since it accounts for about 10% of global emissions. Sarangi said deliberations are under way with green hydrogen producers to finalise measures for identifying, tracing and tracking the final product made using green hydrogen. These efforts are in line with National Green Hydrogen Mission launched in January 2023, with a ₹19,744 crore outlay. The overarching objective of the mission is to make India a global hub for production, usage and export of green hydrogen and its derivatives, by targeting 5 million tonnes production per annum by 2030.
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Business Standard
3 days ago
- Business
- Business Standard
MoS Naik urges industry, global firms to invest in Green Hydrogen sector
Minister of State for New & Renewable Energy Shripad Yesso Naik on Thursday said that Green Hydrogen has the power to ensure energy security and called upon industry leaders to invest in research and development and to build infrastructure in this field. Addressing the inaugural 'CII International Business Conclave on Green Hydrogen' the minister highlighted that Green Hydrogen has the power to reduce dependency on fossil fuels and enhance industrial competitiveness across sectors. "I invite global companies, governments, and financing institutions to partner with us in green hydrogen research, innovation, and trade," the minister said and called upon "India's industry to invest in R&D, scale manufacturing, build infrastructure, and develop human capital." The minister said Green Hydrogen is not just a fuel, it is a commitment to the planet, to future generations, and to sustainable prosperity. For India, with its strong Micro, Small and Medium Enterprise (MSME) base and varied industrial clusters, distributed models can unlock local demand and drive bottom-up growth, he said. These models will not only strengthen domestic hydrogen consumption but also make the green fuel more accessible and regionally balanced. "In tandem, we are encouraging the development of Green Hydrogen corridors across the country," he said. Under the SIGHT programme, tenders have already been issued for 42,000 metric tonnes of Green Hydrogen per annum for refineries and over 7.2 lakh metric tonnes of Green Ammonia for fertilizers, he noted. Our strategy to position India as a global Green Hydrogen hub also depends on robust international partnerships, he opined. India is working with key partners -- including the EU, Japan, Singapore, Germany, and the Netherlands -- to establish offtake agreements, certification frameworks, and shared infrastructure for storage, transport, and trade, he noted. New & Renewable Energy Secretary Santosh Kumar Sarangi said that Green Hydrogen has a great future. He said the government is already working on four elements related to fuel and those are regulation, incentives, standards and collaborations with stakeholders. He also stated that the ministry is working with industry on the definition of Green Hydrogen. Chairman ReNew, Sumant Sinha opined that Green Hydrogen is essential for energy transition. According to Sinha India needs 40 million tonnes of Green Hydrogen (annually) to achieve the goal of net zero by 2070. He suggested that India needs to replace the use of 6 million tonnes of Grey Hydrogen by Green Hydrogen. He pointed that high cost of Green Hydrogen which is USD 4.5 per kg, while Grey Hydrogen is available for half a USD. He suggested subsidies for boosting Green Hydrogen production in the country. He was of the view that India needs to deal with issues of high cost, GST, long term contracts and demand creation to boost Green Hydrogen in the country.
Indian Express
3 days ago
- Business
- Indian Express
Govt, industry bullish on green hydrogen, but export demand falters amid global headwinds
Stakeholders in India's nascent green hydrogen sector remain bullish that the alternate fuel 'is going to be big', but weak export demand — driven by geopolitical instability and policy reversals in key markets — is slowing down the pace of expansion. At an industry event on Thursday, Ministry of New and Renewable Energy (MNRE) Secretary, Santosh Kumar Sarangi, said, 'One key factor, from an entrepreneur's perspective, is market visibility. That market — due to a variety of reasons such as geopolitical tensions and policy backtracking by some governments, including the US where the IRA (Inflation Reduction Act) is stalled — has created some skepticism about whether this transition will move forward.' 'But I believe green hydrogen has a strong future and is going to be big. India will play an instrumental role in this transition, alongside many other countries devoted to this,' he added. The MNRE Secretary said India is in discussions with Europe, specifically the ports of Rotterdam and Antwerp, to ensure that green hydrogen and its derivatives exported to these countries are transported smoothly. Reduction of import duties on India's green hydrogen exports is also a part of ongoing free trade agreement (FTA) negotiations with Europe, he said. ReNew, a major renewables player in India, is developing a green ammonia project in Odisha. However, weak export demand remains a major hurdle for offtake. 'At this point, export markets are very weak, with little movement globally. That said, there is some progress on the shipping front, with the International Maritime Organization urging shipping companies to start using some degree of clean fuels, about 5 per cent. Sustainable aviation fuel may also take off soon. So there is hope for the future — but for now, progress remains slow,' its chief executive officer Sumant Sinha told The Indian Express. On demand from the EU, Sinha said, 'The issue is that the EU and its companies aren't floating major tenders. The lone Hintco tender failed due to poor design from a developer's perspective, drawing almost no bids. Since then, nothing significant has emerged, and with ongoing geopolitical stuff, attention has shifted elsewhere.' With export demand still weak, the government is focussed on building domestic demand. 'We've seen strong interest in green hydrogen — our tender for around 8 lakh tonnes was fully bid out. Similarly, for offtake arrangements, we're working with the Ministry of Fertilizers and the fertilizer industry. SECI (Solar Energy Corporation of India Ltd) is currently conducting a tender for about 7 lakh tonnes to support this,' Sarangi said. 'As far as the Government of India is concerned, several measures are underway to ensure offtake. Pilot projects are also being implemented across sectors like transportation, shipping, and steel. We're currently funding hydrogen fuel cell buses in five locations, including Ladakh, to test their viability in real-world conditions,' he added. Sinha argued that domestic mandates may be necessary to replace grey hydrogen — produced from fossil fuels — with green hydrogen. For instance, the fertiliser industry could be required to source more green ammonia from domestic producers. 'Commercially, it's not viable yet because green hydrogen is still more expensive than grey hydrogen. So, no one is going to buy it voluntarily. It's similar to where renewable energy was 15 years ago — back then, it wasn't commercially viable either. Today, it is. Green hydrogen is at that early stage now,' Sinha said. A new report by the Confederation of Indian Industry (CII), Bain & Company, and RMI released on Thursday said, 'The slowed momentum primarily stems from the current high production costs along with nascent enabling infrastructure and high financing costs. Current production costs — $4-$5 per kg of green hydrogen vs. $2.3-$2.5 per kg of grey hydrogen typically (some industries may procure at higher costs) — are not yet competitive.' In 2023, the Central government launched the National Green Hydrogen Mission, setting a target of 5 million metric tonnes (MMT) of green hydrogen production capacity by 2030, backed by an outlay of Rs 19,744 crore. Under the mission, the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme aims to support both green hydrogen production and electrolyser manufacturing. In April, MNRE also launched a scheme to measure, monitor, report, verify on-site, and certify green hydrogen based on a standard introduced by the ministry in 2023. The CII report outlines five immediate demand-side strategies to accelerate green hydrogen adoption. It recommends blending small amounts of green hydrogen into existing grey hydrogen or piped natural gas supplies for high-volume sectors such as refineries, fertilisers, and city gas networks, while factoring in technical feasibility. It suggests encouraging substitution in niche industries such as glass, ceramics, and chemicals where switching is cost-neutral. Public procurement, especially for green steel, can also help scale domestic demand. Aggam Walia is a Correspondent at The Indian Express, reporting on power, renewables, and mining. His work unpacks intricate ties between corporations, government, and policy, often relying on documents sourced via the RTI Act. Off the beat, he enjoys running through Delhi's parks and forests, walking to places, and cooking pasta. ... Read More
Time of India
3 days ago
- Business
- Time of India
Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector
Minister of State for New & Renewable Energy Shripad Yesso Naik on Thursday said that Green Hydrogen has the power to ensure energy security and called upon industry leaders to invest in research and development and to build infrastructure in this field. Addressing the inaugural 'CII International Business Conclave on Green Hydrogen' the minister highlighted that Green Hydrogen has the power to reduce dependency on fossil fuels and enhance industrial competitiveness across sectors. "I invite global companies, governments, and financing institutions to partner with us in green hydrogen research, innovation, and trade," the minister said and called upon "India's industry to invest in R&D, scale manufacturing, build infrastructure, and develop human capital." The minister said Green Hydrogen is not just a fuel, it is a commitment to the planet, to future generations, and to sustainable prosperity. For India, with its strong Micro, Small and Medium Enterprise (MSME) base and varied industrial clusters, distributed models can unlock local demand and drive bottom-up growth, he said. These models will not only strengthen domestic hydrogen consumption but also make the green fuel more accessible and regionally balanced. "In tandem, we are encouraging the development of Green Hydrogen corridors across the country," he said. Under the SIGHT programme, tenders have already been issued for 42,000 metric tonnes of Green Hydrogen per annum for refineries and over 7.2 lakh metric tonnes of Green Ammonia for fertilizers, he noted. Our strategy to position India as a global Green Hydrogen hub also depends on robust international partnerships, he opined. India is working with key partners -- including the EU, Japan, Singapore, Germany, and the Netherlands -- to establish offtake agreements, certification frameworks, and shared infrastructure for storage, transport, and trade, he noted. New & Renewable Energy Secretary Santosh Kumar Sarangi said that Green Hydrogen has a great future. He said the government is already working on four elements related to fuel and those are regulation, incentives, standards and collaborations with stakeholders. He also stated that the ministry is working with industry on the definition of Green Hydrogen. Chairman ReNew, Sumant Sinha opined that Green Hydrogen is essential for energy transition. According to Sinha India needs 40 million tonnes of Green Hydrogen (annually) to achieve the goal of net zero by 2070. He suggested that India needs to replace the use of 6 million tonnes of Grey Hydrogen by Green Hydrogen. He pointed that high cost of Green Hydrogen which is USD 4.5 per kg, while Grey Hydrogen is available for half a USD. He suggested subsidies for boosting Green Hydrogen production in the country. He was of the view that India needs to deal with issues of high cost, GST, long term contracts and demand creation to boost Green Hydrogen in the country.
Time of India
3 days ago
- Business
- Time of India
Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector
Minister of State for New & Renewable Energy Shripad Yesso Naik on Thursday said that Green Hydrogen has the power to ensure energy security and called upon industry leaders to invest in research and development and to build infrastructure in this field. Addressing the inaugural 'CII International Business Conclave on Green Hydrogen' the minister highlighted that Green Hydrogen has the power to reduce dependency on fossil fuels and enhance industrial competitiveness across sectors. "I invite global companies, governments, and financing institutions to partner with us in green hydrogen research, innovation, and trade," the minister said and called upon "India's industry to invest in R&D, scale manufacturing, build infrastructure, and develop human capital." The minister said Green Hydrogen is not just a fuel, it is a commitment to the planet, to future generations, and to sustainable prosperity. For India, with its strong Micro, Small and Medium Enterprise (MSME) base and varied industrial clusters, distributed models can unlock local demand and drive bottom-up growth, he said. Live Events These models will not only strengthen domestic hydrogen consumption but also make the green fuel more accessible and regionally balanced. "In tandem, we are encouraging the development of Green Hydrogen corridors across the country," he said. Under the SIGHT programme, tenders have already been issued for 42,000 metric tonnes of Green Hydrogen per annum for refineries and over 7.2 lakh metric tonnes of Green Ammonia for fertilizers, he noted. Our strategy to position India as a global Green Hydrogen hub also depends on robust international partnerships, he opined. India is working with key partners -- including the EU, Japan, Singapore, Germany, and the Netherlands -- to establish offtake agreements, certification frameworks, and shared infrastructure for storage, transport, and trade, he noted. New & Renewable Energy Secretary Santosh Kumar Sarangi said that Green Hydrogen has a great future. He said the government is already working on four elements related to fuel and those are regulation, incentives, standards and collaborations with stakeholders. He also stated that the ministry is working with industry on the definition of Green Hydrogen. Chairman ReNew, Sumant Sinha opined that Green Hydrogen is essential for energy transition. According to Sinha India needs 40 million tonnes of Green Hydrogen (annually) to achieve the goal of net zero by 2070. He suggested that India needs to replace the use of 6 million tonnes of Grey Hydrogen by Green Hydrogen. He pointed that high cost of Green Hydrogen which is USD 4.5 per kg, while Grey Hydrogen is available for half a USD. He suggested subsidies for boosting Green Hydrogen production in the country. He was of the view that India needs to deal with issues of high cost, GST, long term contracts and demand creation to boost Green Hydrogen in the country.
