Govt launches Rs 100 crore fund to boost green hydrogen start-ups

New Delhi, Sep 11: Union Minister for New and Renewable Energy Pralhad Joshi on Thursday launched a Rs 100 crore Call for Proposals to support start-ups working on green hydrogen innovation.

The announcement was made at the 1st Annual Green Hydrogen R&D Conference organised by the Ministry of New and Renewable Energy (MNRE) in the national capital.

The scheme will provide funding of up to Rs 5 crore per project for pilot projects in areas such as hydrogen production, storage, transport, and utilisation technologies.

At the conference, 25 start-ups are showcasing their innovations, including electrolyser manufacturing, AI-driven optimisation, and biological hydrogen solutions.

Joshi said the initiative is aimed at turning research into practical solutions that can power industries, clean cities, and generate lakhs of new jobs across the country.

He underlined Prime Minister Narendra Modi’s vision for the National Green Hydrogen Mission (NGHM), launched in 2023 with an outlay of Rs 19,744 crore, to make India a global hub for green hydrogen.