New Delhi [India], Ministry of New and Renewable Energy (MNRE) enhanced allocation ratio for fertilizer sector under National Green Hydrogen Mission (NGHM) SIGHT program of 5.5 lakh tonnes per annum to 7.5 lakh tonnes per annum of Green Ammonia.
“In response to the increasing demand for green ammonia from the fertilizer sector, MNRE has decided to amend the scheme guidelines issued in January this year by increasing the allocation under the Mode 2A scheme for the fertilizer sector by 2 lakh tonnes per annum. "said the ministry. he said in a statement.
The National Green Hydrogen Mission was launched in January last year with an outlay of Rs. 19,744 crore till FY 2029-30.
The objective of the mission was to make the country Aatmanirbhar (self-reliant) through clean energy and serve as an inspiration for the global transition to clean energy.
Under the Mission, the ministry had issued the scheme guidelines for implementation of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Program to meet the needs of the fertilizer sector.
The SIGHT Program consists of two different financial incentive mechanisms to support the national manufacturing of electrolyzers and the production of Green Hydrogen.
According to these guidelines, the capacity available for bidding in Tranche I of Mode 2A was 550,000 tons per year of green ammonia, which has been increased.
The ministry said the Solar Energy Corporation of India (SECI) has also issued a Request for Selection (RfS) for selection of Green Ammonia Producers through a cost-based competitive bidding process.
The demand for green hydrogen and its derivatives from various sectors has seen an increase after the implementation of the mission, the statement added.
The NGHM will lead to significant decarbonization of the economy, reduce dependence on fossil fuel imports and enable India to take technological and market leadership in green hydrogen, the statement said.
“In response to the increasing demand for green ammonia from the fertilizer sector, MNRE has decided to amend the scheme guidelines issued in January this year by increasing the allocation under the Mode 2A scheme for the fertilizer sector by 2 lakh tonnes per annum. "said the ministry. he said in a statement.
The National Green Hydrogen Mission was launched in January last year with an outlay of Rs. 19,744 crore till FY 2029-30.
The objective of the mission was to make the country Aatmanirbhar (self-reliant) through clean energy and serve as an inspiration for the global transition to clean energy.
Under the Mission, the ministry had issued the scheme guidelines for implementation of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Program to meet the needs of the fertilizer sector.
The SIGHT Program consists of two different financial incentive mechanisms to support the national manufacturing of electrolyzers and the production of Green Hydrogen.
According to these guidelines, the capacity available for bidding in Tranche I of Mode 2A was 550,000 tons per year of green ammonia, which has been increased.
The ministry said the Solar Energy Corporation of India (SECI) has also issued a Request for Selection (RfS) for selection of Green Ammonia Producers through a cost-based competitive bidding process.
The demand for green hydrogen and its derivatives from various sectors has seen an increase after the implementation of the mission, the statement added.
The NGHM will lead to significant decarbonization of the economy, reduce dependence on fossil fuel imports and enable India to take technological and market leadership in green hydrogen, the statement said.
