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Thursday, January 23, 2025
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HomePolicy & RegulationsUttar Pradesh Green Hydrogen Policy 2024 - JMD

Uttar Pradesh Green Hydrogen Policy 2024 – JMD

The Uttar Pradesh Green Hydrogen Policy – 2024 enables Ease of Doing Business by promoting investments and setting up of Green Hydrogen / Green Ammonia production facilities and Green Hydrogen-based product manufacturing units.

Targets

Uttar Pradesh envisions taking the production capacity of Green Hydrogen / Green Ammonia up to 1 million metric tonnes per year by 2028. The following points have been underlined to achieve the objective of the policy:

  • To promote the consumption of Green Hydrogen / Ammonia in the state in line with the Green Hydrogen Mission and the policies of the Government of India.
  • To set up 4 Centers of Excellence (CoEs) to conduct research, development, and technological innovation activities.
  • The current demand for hydrogen in the state is about 0.9 million metric tonnes per annum (MMTPA), mainly used in the fertilizer and refinery sectors. The state will promote Green Hydrogen / Ammonia production to meet its domestic demand and develop industrial infrastructure for the ecosystem.

Key Incentives

Capital Subsidy:

  • Capital subsidy up to 30%
  • First 5 projects will get up to 40% capital subsidy totalling a maximum of INR 225 Cr.
  • Land & Water Resources Incentives:
  • Provision of Land:
    • @INR 15000 / Acre / Year – for private developers
    • @INR 1/Acre/ Year – for public sector entities
    • 100% exemption on stamp duty
    • For Captive Solar Energy Plants, land can be allotted @ 5 Acre / MW with a maximum capacity of 20 MW / Kilo Tonne / Year for the production of Green Hydrogen.

For more information, please see the link below:

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