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UP to implement Green Hydrogen Policy soon

By IANS | Updated: December 26, 2023 08:40 IST

Lucknow, Dec 25 In view of the threats of global warming and climate change, Uttar Pradesh Chief Minister ...

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Lucknow, Dec 25 In view of the threats of global warming and climate change, Uttar Pradesh Chief Minister Yogi Adityanath has given instructions to implement the Green Hydrogen Policy to encourage clean and green energy production sources in the state.

According to the official spokesman, the chief minister has said that before finalizing the policy, stakeholders working in this sector should also be consulted, so that investors and users can get maximum benefits from it.

The chief minister said that green hydrogen, being a clean energy, helps achieve the target of net zero and must be encouraged.

Instructions were also given to encourage the firms working in the green hydrogen sector by giving them maximum incentives.

Companies setting up units should be provided benefits like availability of land, exemption from stamp duty and electricity duty, capital and interest subsidy, attractive incentives, etc, the CM said.

The Chief Minister also directed officials to study the related policies of various states before finalizing the policy.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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