<div style="page-break-before:always; page-break-after:always">The power ministry on Thursday notified the &lsquo;Green Hydrogen/Green Ammonia Policy&rsquo;, as a step towards the National Hydrogen Mission launched by Prime Minister Narendra Modi last year, which aims to aid the government in meeting its climate targets and making India a green hydrogen hub. This will help in meeting the production target of five million tonnes of green hydrogen by 2030 and the related development of renewable energy capacity. The policy, which charts out a hydrogen roadmap, offers incentives for investors to produce the fuel at low costs and help the nation to reduce its dependence on fossil fuels.According to the policy, Green hydrogen / ammonia manufacturers may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through any other developer. Open access will be granted within 15 days of receipt of application.The green hydrogen / ammonia manufacturer can bank his unconsumed renewable power for up to 30 days with the distribution company and take it back when required. Distribution licencees can also procure and supply renewable energy to the manufacturers of green hydrogen / ammonia in their states at concessional prices, which will only include the cost of procurement, wheeling charges and a small margin as determined by the state commission.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.