ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Govt announces Rs 3.29 crore financial aid to Hydrogen startup

New Delhi [India], August 19 (ANI): Union Minister of State (Independent Charge) for Science & Technology Jitendra Singh on Friday announced financial aid of Rs 3.29 crore to a Hydrogen startup from Maharashtra for indigenous development of Hydrogen Sensing & Analysis Technology.

ANI Aug 19, 2022 19:56 IST googleads

Union Minister of State (Independent Charge) Science & Technology Jitendra Singh (Centre)

New Delhi [India], August 19 (ANI): Union Minister of State (Independent Charge) for Science & Technology Jitendra Singh on Friday announced financial aid of Rs 3.29 crore to a Hydrogen startup from Maharashtra for indigenous development of Hydrogen Sensing & Analysis Technology.
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 the ramparts of the Red Fort.
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 5 million tonnes of Green hydrogen by 2030 and the related development of renewable energy capacity, the minister added.
Singh presided over the signing of an MoU between the Technology Development Board under DST and Multi Nano Sense Technologies Private Limited, Maharashtra to support the manufacturing of Hydrogen sensors indigenously.
He said 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, according to an official statement released by the Ministry of Science & Technology.
The minister informed that at present, it is heavily dependent on importing sensors, as all core sensor elements are imported from China, the USA, the UK, Japan and Germany.
The major quality of these sensors is that they do not face any cross interference from other combustible or reducing gases; can function in air as well as inert/vacuum background and can perform analysis from 1 ppm to 100 per cent pure Hydrogen. With this technology, India can easily penetrate the global market to complement domestic demand through their Made in India products.
The sensor has several unique and path-breaking features such as minimum detection: Parts Per Million (PPM) range; Maximum detection: 100 per cent Pure Hydrogen; Instant response within 3 seconds; low power consumption for core sensor operation. Portable detectors can operate continuously upto 36 hours on single charge; non-corrosive; and long life of 5 years.
Singh said, the demand for energy is growing and with the limitation of existing resources, there is a need for an alternative fuel. 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.
The minister added that as per NITI Aayog's report titled 'Harnessing Green Hydrogen: Opportunities for Deep Decarbonisation in India' 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. (ANI)

Get the App

What to Read Next

Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Business

Sarbabharatiya Sangeet O Sanskriti Parishad Convenes 48th Annual

Sarbabharatiya Sangeet O Sanskriti Parishad Convenes 48th Annual

Kolkata (West Bengal) [India], March 12: Sarbabharatiya Sangeet O Sanskriti Parishad officially commenced its 48th Annual Convocation yesterday, March 11, at the historic Mahajati Sadan, Kolkata. The three-day event, running from March 11 to 13, celebrates the institution's legacy of cultural service and its mission to bridge traditional heritage with a modernized future.

Read More
Business

Indian envoy in Shanghai meets Ant Group top official

Indian envoy in Shanghai meets Ant Group top official

Consulate General of India in Shanghai Pratik Mathur on Thursday met Carrie Suen, Vice President and Head of Global Affairs and Strategic Development of Ant Group.

Read More
Business

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

New Delhi [India], March 12: There is something quietly powerful about a window... It neither confines nor escapes. It simply allows us to look, to pause, to breathe between inner and outer worlds. In The Painted Window, multi-award-winning contemporary artist Nandita Desai turns this everyday architectural element into the soul of her fifth solo exhibition, transforming vintage and handcrafted windows into luminous works of art. Running from 16th to 21st March 2026 at the Kamalnayan Bajaj Art Gallery, Nariman Point, Mumbai, the exhibition brings together 50 artworks - windows that look outward at the world, and inward at memory and quiet reflection.

Read More
Business

Finkurve Financial Services Limited (Arvog)

Finkurve Financial Services Limited (Arvog)

Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone in the company's growth trajectory within India's secured lending ecosystem.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.