In a symposium, union minister Nitin Gadkari said that the government is committed to shifting public transport and logistics to 100 % green and clean sources of energy.
Green hydrogen will help the country to reduce the carbon emissions, he added.
The Minister said, 70% of Green hydrogen production costs come from electricity costs. Hence, surplus electricity from renewable energy sources can completely change economics of production of green hydrogen production. He said Green Hydrogen is termed as the fuel of the future and it is the only fuel which can help us achieve the mission of “Zero Carbon Emissions”.
Gadkari said, recently launched Production Linked Incentive scheme aims to boost ‘Advanced automotive technology products’ in the Indian auto sector which help to lower fossil fuel emissions. Government expects the scheme would lead to a fresh investment of more than Rs. 42,500 crore and creation of additional 7.5 lakh jobs in the sector.
As far as public transportation is concerned, the need of the hour is to develop import substitute, cost-effective, pollution-free, and indigenous mobility solutions for India and dependence on imported crude oil needs to be reduced, he added.
We are also planning to introduce flex-fuel vehicles which allow operation of the vehicles on 100% ethanol and petrol, rerevealed Gadkari.
The Minister said our automobile sector is the pride of India and he was sure that it will take India’s manufacturing towards new heights, matching and even better than International standards.
