India Shines at World Hydrogen Summit 2024

India Shines at World Hydrogen Summit 2024
India makes its grand debut at the World Hydrogen Summit 2024 in Rotterdam, Netherlands, showcasing its commitment to the global green hydrogen ecosystem. Spearheaded by the Ministry of New and Renewable Energy, the India Pavilion stands as one of the largest, symbolizing the nation's strides in sustainable energy.
With over 15,000 delegates in attendance, the Summit serves as a pivotal platform for India to highlight its advancements in Green Hydrogen. The Indian delegation boasts representatives from key ministries like New and Renewable Energy, Science and Technology, Railways, Petroleum and Natural Gas, alongside private sector entities.
India's foray into green hydrogen gained momentum with the launch of its National Green Hydrogen Mission in January 2023, backed by a substantial investment of Rs 19,744 crores. Setting an ambitious target to achieve 5 million tonnes of green hydrogen production capacity by 2030, the country has already awarded tenders for 412,000 tonnes of production and 1,500 MW of electrolyzer manufacturing capacity.
This endeavor aligns seamlessly with India's broader climate commitments, as articulated in its "Panchamrit" pledge at COP26 in 2021. The pledge encompasses ambitious goals like reaching 500 GW of non-fossil electricity capacity, deriving half of all energy from renewables, and reducing emissions by 1 billion tonnes by 2030. Furthermore, India aims to slash emissions intensity of GDP by 45% and achieve net-zero emissions by 2070.
Union Minister RK Singh, responsible for power and renewable portfolio, emphasized India's remarkable progress, noting that about 44% of its energy needs are already met by non-fossil sources. Forecasts indicate this figure could surge to 65% by 2030, surpassing earlier pledges made at COP26.
India's pivot towards green hydrogen signals a strategic shift away from fossil fuels, acknowledging the imperative to mitigate climate change and reduce dependence on conventional energy sources. The India Pavilion at the World Hydrogen Summit not only showcases the nation's technological prowess but also serves as a testament to its unwavering commitment towards a sustainable future.