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India To Spend $200 Million In Next 5-7 Years To Promote Hydrogen Use

India To Spend $200 Million In Next 5-7 Years To Promote Hydrogen Use

NDTV
Thursday, April 15, 2021 05:59:09 PM UTC

India has asked its state-run oil and gas companies to set up seven hydrogen pilot plants by the end of this financial year, oil secretary Tarun Kapoor also said at the Hydrogen Economy - New Delhi Dialogue event.

India will spend $200 million over the next five to seven years to promote the use of hydrogen, Indu Shekhar Chaturvedi, the top bureaucrat at the Ministry of New and Renewable Energy, said at a virtual industry event on Thursday. India has asked its state-run oil and gas companies to set up seven hydrogen pilot plants by the end of this financial year, oil secretary Tarun Kapoor also said at the Hydrogen Economy - New Delhi Dialogue event. Governments and energy companies around the world are betting on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, though its future uses and costs remain uncertain. Oil minister Dharmendra Pradhan said at the online conference the government planned to scale up use of hydrogen blended with compressed natural gas (H-CNG) as a transportation fuel.
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