INDIA H2 ALLIANCE

INDIA H2 ALLIANCE

Subject: Current Events

Context: Reliance, other energy majors form hydrogen coalition.

Concept:

• The Global energy and industrial majors have joined together to form a new coalition called the India H2 Alliance. The initiative to form the alliance was begun by the Reliance industries and Chart Industries.
• The IH2 alliance will mainly focus on industrial clusters such as refineries, steel, cement, fertiliser, ports and logistics and heavy-duty transport use cases. It will also create standards for storage and transport of hydrogen in pressurised and liquefied form.

The following are the main objectives of IH2A:

• To build hydrogen economy and supply chain in India
• To help develop blue and green hydrogen production and storage
• To build hydrogen-use industrial clusters
• To increase hydrogen-powered fuel cells-based transport

The India H2 Alliance will closely work with the Government of India on the following five areas:

• To develop National Hydrogen Policy and roadmap 2021-30.
• To create National H2 Task Force and Mission in a PPP model
• To identify National Large H2 Demonstration Stage Projects
• To create a National India H2 Fund
• To create a good hydrogen linked capacity.