As part of the National Green Hydrogen Mission, Prime Minister Narendra Modi stated that the nation’s goal is to produce 5 million tons of green hydrogen by 2030.
Modi announced that two green hydrogen hubs will be established nationwide, one of which would be located here, after essentially laying the foundation stone and starting projects valued at over Rs 2 lakh crore.
In 2023, the nation started the National Green Hydrogen Mission. By 2030, we want to produce 5 million metric tons of green hydrogen yearly. Two green hydrogen hubs would be established as a first step, with one located in Visakhapatnam, he stated.
As part of “Swarnandhra Pradesh,” he added, Andhra Pradesh wants to reach an economy of about USD 2.5 trillion by 2047, and the Center will assist the southern state in achieving that goal.
Modi claimed that the moment had come for the State to become a hub for cutting-edge innovations, calling it a “land of possibilities and opportunity.”
The PM had earlier started several projects, including a green hydrogen center in Anakapalli, and essentially established the groundwork. Among other things, he devoted numerous rail and road projects to the country and laid the cornerstone for a railway zone here. The New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) and NTPC Green Energy Ltd. are collaborating on the green hydrogen hub that will be built in the Anakapalli district, which is close by.
Modi essentially set the groundwork for the Krishnapatnam industrial cluster, a Rs 1,518 crore project that will be built in the first phase on a 2,500-acre plot of land. It is anticipated that it will provide jobs for fifty thousand people.
In Nakkapalli, the groundwork for a bulk drug park worth Rs 1,877 crore was also laid. The drug park, which would be built on 2,002 acres of land and cost Rs 11,542 crore, is anticipated to provide jobs for 54,000 people.
-NSH Digidesk
