New Delhi, Sep 25 (PTI) An amount of USD 43.3 million has been allocated for research and development (R&D) in the green hydrogen space and USD 13 million sanction for 23 projects, Union Minister Pralhad Joshi said on Thursday.

The Minister for New and Renewable Energy made the remarks in a virtual address to the World Hydrogen India conference organised by S&P Global Commodity Insights in the national capital.

In 2023, the government launched the National Green Hydrogen Mission (NGHM) with an initial outlay of Rs 19,744 crore to produce 5 million metric tonnes (MMT) by FY30.

Joshi said the goal to produce at least 5 MMT of green hydrogen per annum by 2030 will be supported by an addition of 125 GW of renewable energy capacity. It is estimated that this will attract nearly USD 100 billi

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