The Rajasthan government has approved the draft ‘Rajasthan Green Hydrogen Policy-2023’. The policy is designed to encourage the development of green energy initiatives within the state. Companies involved in green energy production will enjoy various subsidies and incentives under this policy, which is aligned with the Rajasthan Investment Promotion Policy-2022.
Key provisions of this policy include a fifty percent exemption in transmission and distribution charges for a ten-year period for renewable energy (RE) plants with a capacity of 500 kilotons per annum (KTPA) that are connected to the state’s transmission network. Additionally, the policy offers full reimbursement or waiver of wheeling and transmission charges for power plants, as well as reimbursement or waiver of banking charges for a duration of seven to ten years.
As reported by Energetica India, the total national demand for hydrogen in India currently stands at sixty lakh tons, with Rajasthan accounting for 2.5 lakh tons of this demand. Hydrogen production is environmentally friendly, and the central government has launched the ‘National Green Hydrogen Policy-2022 and associated mission, with the goal of producing fifty lakh tons of green hydrogen by 2030.
