Investing billions for zero carbon...green hydrogen.

- The whole world is concerned about the carbon released into the air. The world is expressing concern over the damage caused to the world and the destruction of human life due to climate change.

- The market value of hydrogen will reach 300 billion dollars by 2050

- About ten companies are producing green hydrogen in India. Reliance, NTPC, ONGC, Adani etc. have announced plans to stop crores of rupees.

- By 2030, India will invest eight lakh crores in the field of green hydrogen and six lakh jobs can be created: The government is determined to create a clean environment.

As the production cost of green hydrogen is high, it is not produced much. Currently, the production cost of green hydrogen is $6 per kg, which is expected to decrease to $2 per kg in 2025. By 2020, the global market value of hydrogen was 900 million dollars, which will reach 300 billion dollars by 2050. According to an estimate, the global green hydrogen market can increase by ten percent by 200.

The Indian government has grabbed the world's attention by taking up the challenge of green hydrogen production. Last week, the government signaled that it was aligning itself with the world in the energy sector by allocating $2 billion to green hydrogen. India has picked up green hydrogen in a very strategic way. Currently, India's green hydrogen production capacity is five MMT with 125 GW of renewable energy added. By 2030, India will attract an investment of eight lakh crores in the field of green hydrogen and can create six lakh jobs.

India's top companies, especially Reliance, NTPC, ONGC, Adani, etc., have announced a plan to withhold crores of rupees.

The whole world is concerned about the carbon released into the air but there is no concrete alternative. The world is expressing concern about the damage caused to the world and the destruction of human life due to climate change. A zero carbon policy can deal with natural calamities like sometimes storms, sometimes icy rains, sometimes scorching heat. Bubbles are released into the atmosphere that diffuse carbon.

In the climate conference of the United Nations on 5-26, it was announced to bring the carbon emitted from the sectors like big industries, long-distance trains, shipping, aviation to zero. Production of green hydrogen in India is being considered on a large scale.

The drive to make every level of citizens' lives carbon-free is welcome. In this case, India has decided to stand in the ranks of the top countries instead of imitating the rich countries of the world.

Greenhydrogen will come where petrol diesel is currently used and carbon emitting sources are used. The fumes released in the industrial area will stop and there will be whispers of clean air. We have seen the atmosphere without smoke during the lockdown of Corona period.

About ten companies are producing green hydrogen in India. State-owned NTPC and Gujarat Gas have jointly launched India's first PNG (piped natural gas) Green Hydrogen Blending Project (Mishran) at Surat recently. Among other green hydrogen manufacturing companies in India, Reliance is moving forward with the principle of zero carbon production by 2035. That means no carbon emissions and no fumes from their companies. Reliance will set up Dhirubhai Ambani Green Energy Giga Complex in Jamnagar on 5000 acres of land. Reliance will join hands with various companies to get their ideas. Which includes Faradione, Lithium Wrex, REC Solar Holding etc.

Gal India wants to set up India's largest green hydrogen plant in Madhya Pradesh by the end of 2023.

This plant will have a capacity of 10 mega watts per day. By 2025, its renewable energy capacity will be taken up to five gigawatts.

Larsen & Toubro is also going to start production of 45 kg green hydrogen per day at Hazira (Surat) in Gujarat. Because of this, hydrogen can be mixed with natural gas up to 15 percent. Similarly, Adani New Industries is also going to spend 50 billion dollars on green hydrogen in the next decade. He has joined hands with a French company for this project. By 2030, this company will produce one metric ton of green hydrogen per year.

JSW Steel is also planning to invest Rs 10,000 crore in the renewable energy sector. Jindal Steel has also partnered with Higenco India and will set up a plant for green hydrogen. This company will reduce carbon dioxide by 2700 metric tons every year. It will be the first steel company to set up a Gran Hydrogen plant.

ONGC Oil and Natural Gas Corporation has entered into an MoU with Greenco Company to conduct research on Green Hydrogen, Green Ammonia etc. Government will also support ONGC. This will support India's Green Hydrogen mission and also achieve the goal of India becoming the center of Green Hydrogen worldwide.

By 2030, the above companies can help in creating the capacity to produce five million tonnes of green hydrogen per year. We have not discussed here the science related to green hydrogen but have tried to include its economic aspects, commerce etc. India has planned to make a carbon free country by 2070