CM directives to formulate Green Hydrogen Policy

| | Lucknow
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CM directives to formulate Green Hydrogen Policy

Wednesday, 27 December 2023 | PNS | Lucknow

Uttar Pradesh Chief Minister Yogi Adityanath directed officials to finalise a Green Hydrogen Policy and encourage the firms working in the sector with maximum incentives.

Reviewing the draft policy here on Monday, the chief minister told the officials to consult investors and other stakeholders so that maximum benefits could be accrued from the policy. The chief minister also directed officials to study the similar policies of various states before finalising the policy.

“Green hydrogen, being clean energy, helps in achieving the net zero target and must be encouraged,” he said.

“Land should be made available to companies operating in the green hydrogen sector and they should be provided with other benefits such as exemption from stamp duty, electricity duty, and capital and interest subsidies,” he added.

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