Google News
logo
Daily Current Affairs
Which government announced (3rd February 2023) Rs 200 crore for setting up green hydrogen hubs over next 2 years?
A)
Gujarat
B)
Punjab
C)
Kerala
D)
Maharashtra

Correct Answer :   Kerala


The Kerala government on Friday (3rd Feb 2023) announced a scheme of Rs 200 crore for developing green hydrogen hubs at Trivandrum and Kochi.

“A scheme of Rs 200 crore is announced for viability gap funding, grant, equity support to set up green hydrogen hubs in Kochi and Thiruvananthapuram over the next two years,” said K N Balagopal, Minister for Finance, in his Budget speech.

He said that an additional amount of Rs 20 crore is also earmarked for this.

Kerala aims to become a 100 per cent renewable energy dependent state by 2040 and a net carbon neutral state by 2050. The state has a favorable atmosphere for the production of green hydrogen"

Green hydrogen, which is produced using renewable energy, can play an important role in eco-friendly development as hydrogen fuel can be used in long haul vehicles and ships to reduce carbon emission to a great extent...

Source : Economic Times

Published On : February 5, 2023
Advertisement