A senior Mantralaya official stated, “The central govt has set a target to bring carbon emissions to zero by 2070. For this, the state govt has set targets to generate 50% energy through renewable energy sources by 2030 and 75% by 2047.”

A memorandum of understanding was already signed on June 14, 2023, between Mahagenco and Satluj Jal Vidyut Nigam Limited to develop renewable energy generation projects. According to this agreement, the development of various renewable energy projects in the state, including pumped storage hydroelectric projects, green hydrogen with solar-wind hybrid, and floating solar projects, is included. All these projects have a total capacity of 5000 MW.

The official further stated, “The establishment of a joint venture company for this was approved by the state cabinet on Tuesday. Satluj Vidyut Nigam Limited will have 51% and Mahagenco will have 49% equity.”

Through this joint company, in the first phase, projects with a total capacity of 735 MW will be developed, including the Ghatghar Phase-2 pumped storage hydroelectric project (125 MW), Irai floating solar energy project (105 MW), and Nimnawardha floating solar energy project (505 MW).

Reference : https://timesofindia.indiatimes.com/city/mumbai/maharashtra-cabinet-approves-joint-venture-for-5000-mw-capacity-renewable-energy-project/articleshow/123925535.cms?utm_

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Speaking at the Panchjanya Infra Confluence 2025, Joshi emphasized Prime Minister Narendra Modi’s approach to goal-setting, noting that the PM never opts for easily achievable targets.

“The Hon’ble Prime Minister does not set easy goals for himself or for us. He believes in setting ambitious targets that push us to strive harder. In the renewable energy sector, too, he has laid out a bold vision—and we have already achieved 50 percent of that goal,” Joshi said.

He confirmed that India is “firmly on course” to achieving the green hydrogen production target by 2030.

Joshi, who also serves as the Union Minister of New and Renewable Energy, had earlier addressed the Annual Green Hydrogen R&D Conference, reiterating the importance of the National Green Hydrogen Mission (NGHM). Launched in 2023, the NGHM aims to position India as a global hub for green hydrogen and is seen as a key pillar in the country’s energy transition.

With an outlay of ₹19,744 crore, the Mission is built on four core pillars:

• Policy and regulatory framework
• Demand creation
• R&D and innovation
• Enabling infrastructure

As part of the mission, dedicated hydrogen hubs are being developed at Kandla, Paradip, and Tuticorin ports to boost India’s export potential. Major corporations like NTPC, Reliance, and Indian Oil Corporation, along with numerous start-ups and MSMEs, are investing heavily to build a strong hydrogen value chain, expected to generate lakhs of new jobs.

The NGHM’s targets include:

• 5 million metric tonnes of annual green hydrogen production by 2030
• 125 GW of additional renewable energy capacity
• ₹8 lakh crore in investments
• 6 lakh new jobs
• 50 million tonnes of annual CO₂ emissions reduction

India recently achieved a key milestone in its energy transition by reaching 50% of installed electricity capacity from non-fossil fuel sources—five years ahead of the timeline set under its Nationally Determined Contributions (NDCs) to the Paris Agreement.

As the nation moves toward its broader target of 500 GW of non-fossil capacity by 2030 and net-zero emissions by 2070, Joshi highlighted India’s bold, inclusive, and technology-driven approach to sustainable development.

In a broader context of welfare delivery, Joshi—who is also the Union Minister for Consumer Affairs, Food and Public Distribution—noted that the government is currently providing 44 lakh tonnes of foodgrains every month to 81 crore eligible beneficiaries across the country.

Reference : https://bioenergytimes.com/india-to-achieve-5-million-metric-tonnes-green-hydrogen-production-by-2030-pralhad-joshi/

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