Rs 100 Cr scheme for green hydrogen startups launched by the Indian Govt
A Rs 100-crore program has been introduced by the Union government to assist new businesses engaged in the production of green hydrogen.
“The scheme will provide up to Rs 5 crore per project for pilot initiatives in hydrogen production, storage, transport, and utilisation technologies,” said Union Minister Pralhad Joshi.
25 startups are presenting innovations at a two-day conference that starts Thursday, covering everything from the production of electrolysers to AI-driven optimization and biological hydrogen solutions.
The initiative, according to Joshi, aims to transform research into workable solutions that can power industries, clean cities, and generate thousands of jobs throughout India. He also emphasized Prime Minister Narendra Modi’s goal of making India a global center for green hydrogen through the National Green Hydrogen Mission (NGHM), which was introduced in 2023.
The four pillars of NGHM, which has a total budget of Rs 19,744 crore, are demand creation, R&D and innovation, policy and regulatory framework, and enabling infrastructure.
23 projects in fields like safety, hydrogen production from biomass, and hydrogen applications have already been awarded under the NGHM’s dedicated R&D scheme. Leading IITs, IISERs, CSIR labs, and business partners are putting these into practice. Launched on July 14, the second round of R&D proposals will be available until September 15.
With more than 30 joint proposals on hydrogen production from wastewater, international cooperation is also expanding under the EU-India Trade and Technology Council.
