PM Modi announces National Hydrogen Mission, aims energy independence by 2047
Prime Minister Narendra Modi has officially announced the launch of a National Hydrogen Mission to accelerate plans to produce carbon-free fuel from renewables as he set a target of 2047 for India to accomplish self-reliance in energy.
Delivering his Independence Day address from the ramparts of the Red Fort, he said India can accomplish self-reliance in energy through a mix of a gas-based economy, doping sugarcane extracted ethanol in petrol, and electric mobility.
India, he said, spends over Rs 12 lakh crore on energy imports every year.
While India is 85 percent reliant on imports for meeting its oil needs, overseas supplies make up for approximately half of the local obligation for natural gas.
"For India to progress, for Atmanirbhar Bharat, energy independence is necessary," he said. "India has to take a pledge that it will be energy self-sufficient by the year we celebrate the 100th year of Independence."
The roadmap for that is to boost usage of natural gas in the economy, setting up a network for supply of CNG and piped natural gas across the country, mixing 20 percent ethanol in petrol and electric mobility, he said.
The country has accomplished the target of 100 gigawatts of renewable energy capacity ahead of the target, Modi added. "I announce National Hydrogen Mission," he said.
The target is to make India a global hub for production as well as export of green hydrogen. "Green hydrogen will give India a quantum jump in achieving its targets," he stated.
The National Hydrogen Mission was first announced in the Union Budget for 2021-22 in February this year.