Two years ago, Prime Minister from the Red Fort declared that India will lead the world in producing green hydrogen to fulfil its energy needs and serve as a centre for exports because of its inherent ability to do so at the lowest possible price.
The only chamber in the nation that represents the interests of MSME companies is PHD Chamber of Commerce & Industry. MSME industry makes a considerable contribution to India’s GDP.
As the first chamber in the nation to organise two international climate summits, PHD Chamber of Commerce & Industry. The first summit held in September 2021 at New Delhi was attended by global business leaders, policymakers, and Nobel laureates. Indian government has been given the main conclusions from the summit for their consideration.
Earlier on August 30 and 31, a second summit was held in Bergen, Norway to highlight India’s prospects to create the cheapest source of hydrogen in the world. The summit was a huge success, and the government was once more given the main conclusions. 70 Indian businesses participated in ICS 2022 in Bergen, Norway, under the direction of PHD Chamber of Commerce & Industry.
Last but not least, PHD Chamber of Commerce & Industry has written two information publications, Self Reliant India- Harnessing the Power of Hydrogen and India is an Attractive Destination For Green Hydrogen- A Way Forward.
Numerous MSME industries have expressed interest in creating business prospects in green hydrogen during the past two years. Due to this, PHD Chamber of Commerce & Industry has once more taken the initiative to establish a full-fledged Centre of Excellence at its New Delhi headquarters. The following would be among the COE’s principal focus areas:
· Training/ Workshop;
· Best International practices;
· Standards and regulations;
· Safety;
· Technology tie up;
· Consultancy;
· Data Bank;
· Accident Audit etc.
Greenstat Hydrogen India Pvt. Ltd. has joined as a knowledge partner to assist this centre. Greenstat has more than a century of experience in the manufacture, storage, transportation, and use of hydrogen.
Greenstat is a pioneer in offering safety evaluations that make use of 3D modelling. This Center will be the only facility of its sort in the nation. Additionally, the centre will look to other international businesses with expertise in green hydrogen for knowledge assistance.
Being the first provider of Green Hydrogen to the MSME sector is a crucial move for PHD Chamber of Commerce & Industry, but from the perspective of energy security and decarbonization, this is also a huge stride forward for our country..
