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• The Uttar Pradesh government approved a green hydrogen policy, and a proposal for setting up two units of 800 MW in Anpara in collaboration with NTPC at a cost of Rs 8,624 crore. • The policy outlines an ambitious goal to produce one million metric tonne of green hydrogen annually within the next 4 years, by 2028. • The green hydrogen policy has been set for 5 years. Industries establishing themselves within this timeframe will receive subsidies and other incentives totalling Rs 5,045 crore. • This initiative will advance through a 50-50 partnership between the state government and NTPC. • The financial structure involves 30 per cent equity shared between the state government and NTPC, while the remaining 70 per cent will be financed through loans. • The coal mine will be acquired from NCL (Northern Coalfields Ltd), which is located nearby, paving way for production of cost-effective electricity, Sharma said. • Two MoUs were signed with NTPC in 2023 Global Investors Summit. Learn Along: About Uttar Pradesh Chief minister: Yogi Adityanath Governor: Anandiben Patel Capital: Lucknow
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