Solution

The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has approved National Green Hydrogen Mission.  The initial outlay for the Mission will be  Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT  programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other Mission components.  MNRE will formulate the scheme guidelines for implementation of the respective components. The Mission will result in the following likely outcomes by 2030: Development of green hydrogen production capacity of at least 5 MMT (Million Metric Tonne) per annum with an associated renewable energy capacity addition of about 125 GW in the country Over Rs. Eight lakh crore in total investments Creation of over Six lakh jobs Cumulative reduction in fossil fuel imports over Rs. One lakh crore Abatement of nearly 50 MMT of annual greenhouse gas emissions