India can become green hydrogen hub: PM Narendra Modi

This was the ninth one in the series of post-budget webinars addressed by the prime minister, according to an official release.

The Prime Minister said that 'Energy for Sustainable Growth' not only resonates with the Indian tradition but is a pathway to achieve future needs and aspirations. He said that sustainable growth is possible only through sustainable energy sources. The Prime Minister reiterated his commitment made at Glasgow to reach Net Zero by 2070. He also mentioned his vision of life pertaining to an environmentally sustainable lifestyle.

On India’s target of achieving 500 GW non-fossil energy capacity and achieving 50 per cent of installed energy capacity through non-fossil energy by 2030, Modi said: “Whatever targets India has set for itself, I do not see them as a challenges but as opportunity. India is moving with this vision in last few years and the same has been taken forward at policy level in this year’s budget.”

The last budget has announced ₹19,500 million for high-efficiency solar module manufacturing that will help in making India a global hub for manufacturing and research on solar modules and related products, he added.