Aim to make India a refuelling hub for green ships: RK Singh
India a refuelling hub for green ships backed by its target of producing the cheapest green hydrogen, ammonia and methanol in the world, power and renewable energy minister RK Singh said on Tuesday.
«The shipping world will go green. Just give it 5-7 years or 10 years.
We have to be prepared for it and emerge as the refueling destination for all the green ships,» Singh said at an event. «That's our ambition because India can provide green hydrogen, ammonia or methanol at the cheapest cost.» For this, the country needs to have its own pilot projects for green shipping, Singh added.
Discussion with the shipping ministry on the matter is ongoing and the ministries will convene a meeting to push it further, he said.
The minister said that the government will come out with a pilot project for green hydrogen and green ammonia storage for round the clock renewable energy.
India has the potential to be one of the biggest manufacturers of green hydrogen in the world because of a huge ecosystem of renewable energy, Singh said.
The pace of adding renewable energy in India is the fastest in the world and renewable energy costs the lowest, which will lead to the cheapest cost of producing green hydrogen, he said.
While there is a debate of green or clean hydrogen, by and large the world is likely to follow green, Singh said.
India defines its green hydrogen as that produced through renewable energy sources and does not include those manufactured through carbon capture or other technologies.
