Thread regarding ExxonMobil Corp. layoffs

It Is Getting Tougher For Us To Grow Our Business In Growth Regions Such As India Without Being "Green"

Green hydrogen policy to be unveiled in next 10 days: R K Singh, India's Power and New & Renewable Energy Minister

The green hydrogen policy will be unveiled in the next 10 days featuring incentives like free transmission for 25 years to boost production of this clean source of energy, Power and New & Renewable Energy Minister R K Singh said on Thursday.

We will give free transmission for 25 years. So you can generate power for making hydrogen in Rajasthan or transport it to Guwahati or to Baruni refinery (to make hydrogen)," said Singh while addressing a virtual conference on smart metering organised by industry body CII.

The minister also said that the policy will feature dollar denominated bids, offer of land in renewable energy parks and land allocation near ports for creating bunkers for green hydrogen or ammonia.

"We want India to emerge as the exporter for green hydrogen... Japan wants to import and Germany also," Singh said.

Raising the issue of payment for power supply, he said free power supply ultimately affects the entire value chain.

Read more at:
https://economictimes.indiatimes.com/industry/renewables/green-hydrogen-policy-to-be-unveiled-in-next-10-days-r-k-singh/articleshow/89151780.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Post ID: @OP+1f1eeH6E

2 replies (most recent on top)

Heck even Reliance India is looking at Hydrogen.

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Post ID: @3kdf+1f1eeH6E

DW: we will continue to stay the course and do what we know the best, keep digging and producing oil and gas (at least until i am collecting my underpaid paycheck). We have no other skills and do no wish to develop any other skills that would allow us to diversify into other cleaner and renewable sources of energy. Any employees or investors that doesn't believe what I said are free to find another place of employment or find another company to invest in. We ain't changing, period!

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Post ID: @3sky+1f1eeH6E

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