Indian Economy News

India to be the Exclusive Partner for European Hydrogen Week in November 2024

On the second day of the International Conference on Green Hydrogen (ICGH-2024) in New Delhi, India's exclusive partnership with the European Hydrogen Week was marked for November 2024. This collaboration aims to align with EU green regulations to enhance exports. A Letter of Intent was signed between Chane Terminal from the Netherlands and ACME Cleantech from India for ammonia import terminals. Sessions featured insights from the EU, Australia, and the Netherlands, focusing on the role of green hydrogen in global decarbonization. Secretary of the Ministry of Power, Mr. Pankaj Agarwal, emphasized the EU's efforts to reform its Emission Trading System to promote hydrogen as a viable alternative to fossil fuels. Discussions highlighted the need for international collaboration to address challenges in technology advancement, regulatory frameworks, and renewable energy access.

The event also engaged youth through a dedicated session emphasizing their role in climate action and sustainability. Notable speakers, including Ms. Saina Nehwal, inspired attendees to advocate for a sustainable future. The youth panel discussed green hydrogen's significance in achieving India's renewable energy goals by 2030. The GH2Thon Hackathon showcased innovative solutions, with IIT Bombay's Mr. Nandlal Gupta winning for his contributions to hydrogen technology. Over 2000 delegates attended, including industry experts and policymakers, fostering international collaboration through various roundtables. The conference is a crucial platform for advancing green hydrogen technologies and establishing partnerships for a sustainable future, supported by multiple government ministries and organizations.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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