Government must extend policy support to R&D activities, invest in hydrogen production infrastructure: Professor Ganapati Myneni
An industry expert has urged India to boost R&D, invest in hydrogen infrastructure, and develop thorium-based molten salt reactors (MSRs) to meet the Viksit Bharat 2047 vision. Professor Ganapati Myneni of ISOHIM and the India Nuclear Energy Partnership emphasized the need for expanded renewable energy for hydrogen production, improved storage, and public-private collaboration. He also highlighted the importance of favorable policies to drive innovation and lower costs. India aims for energy independence by 2047 and net-zero emissions by 2070.
An industry expert has urged the Indian government to intensify efforts and provide policy support to enhance research and development (R&D), invest in hydrogen production infrastructure, and advance the development of thorium-based molten salt reactors (MSRs) to realize the Viksit Bharat 2047 vision.
“To achieve the Viksit Bharat 2047 vision, India needs to invest in green hydrogen production infrastructure. This involves expanding renewable energy sources for electrolysis, building storage and distribution networks, and promoting public-private partnerships to drive innovation and reduce costs,” said Professor Ganapati Myneni, a Board Member of the International Symposium on Hydrogen in Matter (ISOHIM) and Director of the India Nuclear Energy Partnership, in an interview with ET.
Myneni also emphasized the need for the government to invest significantly in R&D to advance hydrogen technologies and lower costs. He called for the implementation of favorable policies and incentives to attract investments and encourage collaboration between the public and private sectors.
Last year, India set a goal for energy independence by 2047 and achieving net-zero emissions by 2070.
The Ministry of New and Renewable Energy has indicated that green hydrogen is expected to play a “substantial role” in meeting these ambitious objectives.
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