New Delhi: NTPC Limited, India’s largest energy integrated company, is anchoring a two-day workshop on Green Hydrogen, one of the most popular and demanding fields in the current times and considered to be the next carrier of energy, said an official statement released on Tuesday. The online event saw leading experts from Brazil, Russia, India, China, South Africa (BRICS) countries share their insights and professional views on the subject as well as the latest developments going on in their countries in the area of green hydrogen.
The keynote speakers from BRICS virtual summit were, Agnes M da Costa (Ministry of Mines & Energy, Brazil), Kovalev Andrey (Russian Energy Agency, Russia), Dr Prakash Chandra Maithani, (Scientist G, MNRE, Government of India), Fu Tianyi (National Energy Administration of China), Makgabo H Tsiri (International Relations, National Department of Energy, South Africa).
Ministry of Power's (India) Secretary Alok Kumar, in his keynote address, said, “Government and industry must work together to ensure existing regulations are not an unnecessary barrier to investment. Trade will benefit from common international standards for the safety of transporting and storing large volumes of hydrogen and having the appropriate certificate of origin. BRICS countries could work together on these aspects."
During the welcome remarks, NTPC Limited's Chairman & Managing Director (CMD) Gurdeep Singh said, “Five BRICS countries share a common vision of sustainable development and inclusive economic growth. Strengthening energy cooperation and ensuring affordable, reliable, accessible and secure energy for all, has always been a strategic area of importance in the agenda of BRICS countries.”
“For India, the transition to a hydrogen economy will not only reduce India’s import dependency on hydrocarbon fuels but also provide clean air to its citizens, reduce GHG emissions in absolute terms and fulfil India’s Atmanirbhar Bharat vision,” he added.
These BRICS countries are capable of ensuring that there is net-zero carbon emission since the cost of deployment of these emerging technologies in these countries is a fraction in comparison to that of other developed countries. The prevention of CO2 will have a worldwide positive impact.
NTPC has been a key driver in India’s growth story and is leading the way towards a new energy economy. The state-run power major is pioneering green hydrogen Initiatives in India. NTPC which is undertaking extensive study, experimentations in the areas of carbon capture and hydrogen has also announced a few pilot projects on Green Hydrogen, said the statement.
Green hydrogen is of great topical interest to all the countries, including BRICS, as it has a great amount of potential to ensure sustainable energy supply, increase the level of energy availability and minimise the negative impact on the environment.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)