the power minister with us. Thanks of a much mister r K Singh for being with us. My first question to you if there if you were to look at the budget and look, it's a two or three areas where there has been an incredible spend. One of them, without doubt, would be the transition to a green India to a green economy so that huge spend in energy transition. Does it make your job and the goals which you have repeatedly announced much easier? Absolutely, absolutely. In fact, we have already emerged as a leader in energy transition, which he would have seen venue in Davos. Have been everybody in the world now recognises us as leaders in really that this will give a further impetus. Our green hydro and mission, of course, is already taken off. I already have my industries having finalised plans for manufacturing six million tonnes of green hydrogen for and um, we are that's one of the largest manufacturing capacity is coming up in the world, and my industries have already, you know, tied up export orders from Japan. Germany, etcetera now is so far as round the clock renewable energy is concerned We are making a four again as leaders so that you have an outlay for battery storage that India will round the clock renewable energy, actually, which will enable the faster Naji transition we are setting up. Carrie Herb. Yes, I can go ahead now. We are setting up 10 gigawatts of renewal in any capacity in Ladakh. Now that's one of the highest plateaus in the world, and it also has one of the highest installations of the solar installation. So the solar efficiency is the maximum there, and we are setting up 10 gigawatts of my capacity there, 10,000 megawatts. So for that, you know, we have got this outlet now for the try setting of the transmission to evacuate that power from Ladakh to the mainland. Let's talk a little bit about that because the outlay is whopping. It's huge ₹20,700 crore including in central support of 8300 crores. You mentioned 10 gigawatts. The budget actually said 13. But be that as it may, it's not just about adding to India's power grid right through wind and through solar. It's actually about having incredible economic benefits in Ladakh itself, job creation. At one level, absolutely vision of what this will do is I think it will increase the per capita income of the people of Ladakh by, you know, 50% because you know it'll generate jobs. And it will also generate a lot of revenues for the Ladakh administration, most of which will go to the Ladakh counsel as well as the general administration. So it will. It will lead to Philip actually a development Philip for Ladakh apart, of course, from the benefit the country will get from the in a renewal energy with the highest insulation and national hydrogen mission. That's another big spend by the government 19,700 crores and the aim is to reach hydrogen production of five MMT by 20 million metric tonnes by 2030. So how important is this project towards our eventual goal of energy independence? Are you know, based on what this will do, is in fact that it will not only be five million tonnes by 2030 at least this going up to 7 80 if not 10 million tonnes for green hydrogen, this will only give a fillip. But after Dr Industry and the investments will take over. Now, what this will do is number one. We have been greening our electricity that we have progressed well. Now, 42% of our installed capacity is known forces. But you also have to green the other sectors like the industry now, well, or like, for example, districts steel. Now, still, you use cooking coal. Carbon, right, A lots of huge amount of emissions. Now people want a greasy. Now you can make Greenfield by using green hydrogen. You use a lot of four year of the You release a lot of carbon dioxide into the atmosphere when you manufacturing urea, which is night, raisins, fertiliser. And we use that in huge quantities because you need ammonia. Ammonia is made from natural gas. So you'd release the carbon I seven. So it was here. Now we are going to replace that with Bree pneumonia, which does not have a missions. It is totally breed. So by agriculture will more green. In fact, you take mobility now in mobility. What happens is that for four wheelers, four wheeler cars and three pillars, two wheelers, batteries okay, the storage. But for long distance heavy mobility like too long distance trucks. A battery is just not suitable because of the huge size that the battery of battery, which will be required at the EU's wait so that will require green hydrogen. So the long distance heavy mobility will require green hydrogen in green ammonia. What about lithium iron? Because there is a tax cut on batteries were talking about batteries. So that's something to encourage electric vehicles at the very least, round the clock ready military? Yes, Vishnu, in that also we are emerging other leader. We already have had some bids for storeys so that we have round the clock renewable energy. Now this provision in the budget for another 4000 megawatt hours of storeys will enable me to have that much more round the clock. Well, energy. So it will enable industries and companies who trans stand more and more toward faster towards net zero not to get too net zero unit round the clock renewable energy. That's what himself providing and again in this wish through. The great thing is that we are a leader in round the clock renewable energy. Again, you're a leader. Add me a maybe a m to continue that way. So if you are talking about one sector in which India is at the cutting edge of the world, I the green energy. So, in fact, that's what I wanted to ask you about it. Just by looking at these numbers, you're well over 40,000 crores, in fact, more closer to 80,000 crores. As far as the government's commitment to this energy transition, this clean transition is concerned. So is this the largest investment by any country of our size in terms of making this transition? Hi. You know, Vishnu, this it is the largest investment. We are already having one of the largest investments in green economy of all the country with the oil countries in the world one of the largest investments in green economies. In I mean no exceptions. If I've been, I don't know about China. Lee include China by but apart from that, we have one of them. No maximum investments which will come into any country is coming to India so that just just repeat the largest amount or financial outlay to green transition anywhere in the world, perhaps others. And China, because he wrote know about China, right? I don't know about China. So the investments which I am getting this of course that outlay in the budget is a sport to the investment. But the total investments which I am getting is, I think, unparalleled. You live out China, the rate at which I'm getting investments in green in green energy, I think beats every country. Alright, well, that's fantastic to hear. Thanks of a much for joining as India, of course, has some of the world's most ambitious goals towards being a carbon and neutral economy. With that still some time ahead, at the moment we do rely heavily on coal. In fact, the minister speaking to us earlier on it, said that that will continue until such time as we are in a position to effectively have 100% replacement. That's gonna take several decades, so but we are well on the part that appears to be the case
