India Issues Guidelines for Green Hydrogen Pilot Projects In Shipping Sector

  • The Indian government issued guidelines for pilot projects utilizing green hydrogen in shipping.
  • The guidelines, titled “Scheme Guidelines for Implementation of Pilot Projects for use of Green Hydrogen in the Shipping Sector”, were issued by the Ministry of New & Renewable Energy (MNRE) on February 1, 2024.
  • The pilot projects will replace fossil fuels and fossil fuel-based feedstock with Green Hydrogen and its derivatives.
  • Two thrust areas identified for the pilot projects are retrofitting existing ships to run on Green Hydrogen or its derivatives and developing bunkering and refueling facilities in international shipping lanes.
  • The scheme will be implemented with a total budgetary outlay of Rs. 115 crores until 2025-26.
  • The use of Green Hydrogen and its derivatives in the shipping sector is expected to increase over time, with an expected reduction in production cost.
Posted in Current Affairs.