New Delhi: Union Minister Dr Jitendra Singh said that the Hydrogen Startup funding is in tune with Prime Minister Narendra Modi’s vision of National Hydrogen Mission (NHM), with an aim to aid the government in meeting its climate targets and making India a green hydrogen hub.
The Minister was speaking, while announcing the financial aid of Rs 3.29 crore to a Hydrogen StartUp from Maharashtra for indigenous development of Hydrogen Sensing & Analysis Technology.
“This will help in meeting the target of production of 5 million tonnes of Green hydrogen by 2030 and the related development of renewable energy capacity, the Minister added.
Prime Minister Narendra Modi had launched the National Hydrogen Mission on India’s 75th Independence Day, last year from ramparts of the Red Fort to make India a “hub of Green Hydrogen”.
Dr Jitendra Singh presided over the signing of an MoU between Technology Development Board under DST and M/s Multi Nano Sense Technologies Private Limited, Maharashtra to support the manufacturing of Hydrogen sensors indigenously.
The Minister said, the company is developing an indigenous cutting edge hydrogen analysis sensor for new age applications. The development is also related to the universal miniaturised core sensor designs for leak detection and/ or analysis of hydrogen.
According to the official statement, the patented hydrogen gas sensor and analyser is based on a core sensor; which has been conceptualised, developed, manufactured and serviced entirely in India.
The Minister informed that at present, it is heavily dependent on importing sensors, as all core sensor elements are imported from China, USA, UK, Japan and Germany.
Dr Jitendra Singh said, the demand for energy is growing and with the limitation of existing resources, there is a need for an alternative fuel.
He said, ‘Hydrogen’ envisages being the future fuel to replace fossil fuel and therefore production of Hydrogen fuel by using power from renewable energy, termed as green hydrogen is one of the major requirements towards environmentally sustainable energy security of the nation.
The Minister added that as per NITI Aayog’s report titled ‘Harnessing Green Hydrogen: Opportunities for Deep Decarbonisation in India’ Hydrogen will provide a pathway to accelerate the emergence of a green hydrogen economy, which is critical for India to achieve its net-zero ambitions by 2070.