A program for allocating public wasteland to businesses planning to create green hydrogen, or hydrogen produced using renewable energy (RE), has been announced by the state revenue department. (Land Policy For Green Hydrogen)
They will also receive all the incentives that are given to other renewable energy (RE) projects including wind, solar, and wind-solar hybrid projects from the state.
The Gujarat government has already ratified Memorandums of Understanding with five leading corporations for the allocation of substantial portions of public wasteland for planned green hydrogen projects.
Such businesses will be leased in government wasteland for 40 years.
They will be required to pay a yearly rent per hectare of Rs 15,000, with a yearly rise of 15%. Other requirements include the completion of lease agreement processes by these companies within six months of approval and the requirement that 50% of their green hydrogen production capacity be reached within five years of plant commissioning and 100% within eight years.
Businesses that submit applications for green hydrogen projects will receive “deemed NA status,” which exempts them from changing the land’s use from agriculture to another use.
These projects are only permitted on the land granted to them.
According to the government resolution, tripartite agreements between the developer, the relevant collectorate, and Gujarat Power Corporation Ltd. (GPCL), the state’s nodal body for implementing green hydrogen projects, will be submitted for setting up green hydrogen projects.
The government also provided a list of requirements for businesses applying for land for these projects. At the very least 1 lakh metric tonnes of green hydrogen ought to have been produced. They need to have used brown, grey, or blue hydrogen in the past or have expertise in creating at least 500MW of renewable energy.
These businesses will be given access to all governmental incentives for other RE projects. A government official stated that the state “aims to take the lead in green hydrogen production in the nation and conducive policies are being chalked out.”
India intends to achieve net-zero emissions status by 2070, according to the Intended Nationally Determined Contributions (INDT), the Centre had previously stated. India has also committed to sourcing 50% of its energy from renewable sources by 2030 to cut its carbon emissions by 45%.
Source: Times Of India
For More Updates, Follow GH2 Solar on LinkedIn