India to spend $200 mln in next 5-7 years to promote hydrogen use

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A new hydrogen fuel cell truck made by Hyundai is pictured ahead of a media presentation for the zero-emission transport of goods at the Verkehrshaus Luzern (Swiss Museum of Transport) in Luzern, Switzerland October 7, 2020. REUTERS/Denis Balibouse

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CHENNAI, April 15 (Reuters) - India will spend $200 million over the next five to seven years to promote the use of hydrogen, Indu Shekhar Chaturvedi, the top bureaucrat at India’s Ministry of New and Renewable Energy, said at a virtual industry event on Thursday.

India has asked its state-run oil and gas companies to set up seven hydrogen pilot plants by the end of this financial year, India's oil secretary Tarun Kapoor also said at the Hydrogen Economy - New Delhi Dialogue event.

Governments and energy companies around the world are betting on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, though its future uses and costs remain uncertain.

Oil minister Dharmendra Pradhan said at the online conference the government planned to scale up use of hydrogen blended with compressed natural gas (H-CNG) as a transportation fuel.

"We are looking forward to introducing H-CNG as an intermittent technology in a big way for both automotive and domestic cooking applications," Pradhan said on Thursday

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Reporting by Sudarshan Varadhan; Editing by Jan Harvey

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