Union Minister Inaugurates 1st Green Hydrogen Plant By Jindal In Hisar

Union Minister Inaugurates 1st Green Hydrogen Plant By Jindal In Hisar

Union Minister for Steel and Civil Aviation, Jyotiraditya M. Scindia, today virtually inaugurated India’s 1st green hydrogen plant in the stainless steel sector located at Jindal Stainless Limited in Haryana’s Hisar.

The inauguration witnessed the presence of the Secretary, of the Ministry of Steel Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Abhyuday Jindal, Founder, Hygenco Amit Bansal, and other officials of the Ministry of Steel. The union minister of steel highlighted India’s commitment to a green and sustainable future, it emphasized the need for responsible economic progress in the post-COVID era. “As the world strives to recover from the pandemic’s aftermath, India is steadfast in its resolve to contribute to global environmental goals”, he added.

The Minister also highlighted one key initiative in this journey is the National Green Hydrogen Mission (NGHM), launched last year with an outlay of around Rs 20,000 crore to make India a global hub for production, usage, and export of Green Hydrogen and its derivatives. The Mission is also supporting pilot projects in the steel sector with a budget of around Rs 500 crore until FY 2029-30.

“Allocation of 11% additional outlay for infrastructure development in this year’s Interim Union Budget also reflects the importance the government attaches to sectors crucial for growth.”, the Union Minister mentioned while highlighting the benefits industry accrue from the government’s push towards sustainability solutions, including infrastructure spending.

Green Hydrogen Milestone: Industry Transformation

While congratulating Hygenco and Jindal Stainless, for the commissioning of India’s first long-term off-take green hydrogen plant, the Union Minister mentioned that this innovative green hydrogen project seamlessly aligns with the government’s vision for a cleaner and more sustainable future. “The project not only aligns with the government’s vision but also creates valuable employment opportunities, showcasing the potential of responsible industrial practices.”, he added. The Minister urged other industry stakeholders to enthusiastically adopt clean technologies, actively participating in India’s transformative journey towards a greener economy and fostering a conscientious industrial landscape.

The Minister highlighted the government’s readiness to initiate robust national green policies, 13 task forces to identify action points for each aspect of green steel production, and implementation of Steel Scrap Recycling Policy for enhancing the availability of domestically generated scrap.

“The need of the hour, therefore, is for stakeholders to come together to build a globally competitive as well as sustainable steel industry.” the Minister said while emphasizing the monumental significance of energy transition in this new world order, and stating unequivocally that the next era of growth belongs to India and, within India, to the steel industry. It will be the world’s first off-grid Green Hydrogen plant for the stainless-steel industry and the world’s first Green Hydrogen plant with rooftop & floating solar. This project is also a state-of-the-art green hydrogen facility with a target to reduce carbon emissions considerably by around 2,700 Metric Tonnes per annum and 54,000 tons of CO2 emissions over next two decades.