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Rajasthan CM Approves Draft Of Green Hydrogen Policy
The state government has announced “Rajasthan Green Hydrogen Policy-2023”, keeping in view clean energy production, future energy needs, and climate change. Chief minister Ashok Gehlot has approved the policy draft and the notification will be issued soon by the energy department, said a government statement on Saturday.
Under this policy, companies producing green energy in the state will get various types of incentives. Green hydrogen is produced by electrolysis of water using renewable energy. The main use of green hydrogen is in refinery, steel plants, and manufacture of ammonia.
The state government will provide various facilities to investors under the policy. These include 50 per cent rebate in transmission and distribution charges for 10 years for 500 KTPA (kilo-tonnes per annum) renewable energy plants to be installed on the state’s transmission system.
The state government has set a target of 2000 KTPA energy production by the year 2030 in the policy.
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