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Maharashtra-based 'Hydrogen StartUp' gets financial aid of INR 3.29 crore from Union govt.

As per reports, the Hydrogen Startup funding has been given in tune with Prime Minister Narendra Modi's vision of National Hydrogen Mission (NHM) launched on India’s 75th Independence Day, last year from ramparts of the Red Fort.

Maharashtra-based 'Hydrogen StartUp' gets financial aid of INR 3.29 crore from Union govt.
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Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh, on Friday, August 19, 2022, announced financial aid of INR 3.29 crore to a Hydrogen StartUp from Maharashtra for indigenous development of Hydrogen Sensing & Analysis Technology.

Dr Singh said, the Hydrogen Startup funding is in tune with Prime Minister Narendra Modi's vision of National Hydrogen Mission (NHM) launched on India’s 75th Independence Day, last year from ramparts of the Red Fort. Adding more, he said, the NHM aims to aid the government in meeting its climate targets and making India a green hydrogen hub. This will help in meeting the target of production of five million tonnes of Green hydrogen by 2030 and the related development of renewable energy capacity, the Minister added.

He presided over the signing of an MoU between Technology Development Board under DST and M/s Multi Nano Sense Technologies Private Limited, Maharashtra to support the manufacturing of Hydrogen sensors indigenously.

Furthermore, he mentioned that the company is developing an indigenous cutting edge hydrogen analysis sensor for new age applications. The development is also related to the universal miniaturised core sensor designs for leak detection and/ or analysis of hydrogen. The patented hydrogen gas sensor and analyser is based on a core sensor; which has been conceptualised, developed, manufactured and serviced entirely in India. 

The Minister informed that at present, it is heavily dependent on importing sensors, as all core sensor elements are imported from China, USA, UK, Japan and Germany. With this technology, India can easily penetrate the global market to complement domestic demand through their Made in India products. He also emphasised that the demand for energy is growing and with the limitation of existing resources, there is a need for an alternative fuel, and said that Hydrogen envisages being the future fuel to replace fossil fuel and therefore production of Hydrogen fuel by using power from renewable energy, termed as green hydrogen is one of the major requirements towards environmentally sustainable energy security of the nation. 

NITI Aayog’s report titled ‘Harnessing Green Hydrogen: Opportunities for Deep Decarbonisation in India’ also stated that Hydrogen will provide a pathway to accelerate the emergence of a green hydrogen economy, which is critical for India to achieve its net-zero ambitions by 2070.

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