In a significant address at the Kautilya Economic Conclave, Prime Minister Narendra Modi outlined India’s bold vision for renewable energy, announcing a target to produce 5 million tons of green hydrogen by 2030. This ambitious goal is part of India’s broader commitment to transitioning towards sustainable energy sources and reducing carbon emissions.
Modi emphasized the role of green hydrogen as a key component in India’s energy strategy, stating, “We are determined to position India as a leader in the green hydrogen sector, contributing not just to our energy needs but also to the global fight against climate change.” He highlighted the potential for green hydrogen to revolutionize various sectors, including transportation, industry, and power generation.
In addition to hydrogen production, Modi introduced the PM SuryaGhar Free Electricity Scheme, a large-scale initiative aimed at promoting rooftop solar power. “We are taking solar power production to the micro level in India,” he noted, underscoring the importance of making solar energy accessible to every household.
Under this innovative scheme, the government will provide financial support to families looking to install rooftop solar systems, facilitating the transition to renewable energy at the household level. “This initiative will empower families to harness solar energy, creating a more sustainable and resilient energy ecosystem,” Modi explained.
The announcement has received widespread acclaim from environmentalists and industry stakeholders who view it as a significant step toward achieving India’s renewable energy goals. The emphasis on decentralized solar energy aligns with global trends, fostering energy independence and community participation in the energy transition.
As India moves forward with these transformative initiatives, PM Modi’s address at the Kautilya Economic Conclave reflects the government’s unwavering commitment to building a sustainable future. By championing green hydrogen and expanding solar energy access, India aims to lead the way in renewable energy innovation and climate action on the global stage.