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PM Modi: aiming to make India a Global Green Hydrogen hub
The Business Guardian
|September 12, 2024
Prime rime Minister Narendra Modi I on Wednesday addressed the 2nd International Conference on Green Hydrogen and asked the global scientific community to suggest ways to shape policies for the green hydrogen sector.
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"I urge the global scientific community to come together to explore various aspects. Scientists and innovators can suggest changes in public policy to help the green hydrogen sector. We want to make India a global hub for the production, utilization and export of Green Hydrogen," PM Modi said.
The Prime Minister said that the world is going through a crucial transformation and there is a need to act towards the energy transition and sustainability. PM Modi said that India was the first among the G-20 Nations to fulfil the Paris commitments on green energy.
"These commitments were fulfilled nine years ahead of the target of 2030. India installed nonfinancial fossil fuel capacity increased by nearly 300 per cent in the last ten years. Our solar energy capacity increased by over three thousand per cent in the same period. But we are not resting on these acts. We remain focused on strengthening existing solutions," he said.
Talking about the benefit of green hydrogen, PM Modi said it can help in decarbonizing industries that are difficult to electrify, refineries, fertilizers, steel, heavy-duty transportation and many such sectors will benefit.
This story is from the September 12, 2024 edition of The Business Guardian.
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