The Solar Energy Corporation of India (SECI) has awarded 4.5 lakh tons a year of green hydrogen manufacturing capacity to nine bidders. These include Reliance Industries, Waaree Energies, L&T, Renew Power, and five others, under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
This is the 2nd tranche of awards for the manufacture of green hydrogen under the SIGHT scheme. The incentives offered in the current bid amount to a total of Rs 2238.6 crore under the scheme.
The green hydrogen production facilities will have 36 months from the date of issuance of the letter of award to commission the full production capacity.
The Ministry of New and Renewable Energy had invited bids to set up 4.5 lakh metric tons of annual green hydrogen manufacturing capacities under the second tranche.
For this tranche, the government has capped incentives at Rs 50 per kg in the first year of production, Rs 40 per kg in the second year, and Rs 30 per kg in the third year of production, amounting to a total of Rs 5400 crore.
Last January, SECI had released the first list of winning bids: Reliance Green Hydrogen and Green Chemicals Ltd, ACME Cleantech Solutions Private Ltd, Greenko ZeroC Private Ltd, Torrent Power, HHP Two Private Ltd, Welspun New Energy, CESC Projects Ltd, UPL Ltd, and JSW Neo Energy Ltd.
The National Green Hydrogen Mission (NGHM) has a total outlay of Rs 19,744 crore, of which Rs 17,490 crore has been kept for the production-linked incentives (PLIs) for producing green hydrogen and manufacturing electrolysers.
Of the Rs 17,490 crore incentive outlay, Rs 13,050 crore is for the production of green hydrogen and its derivatives, while Rs 4,440 crore has been allotted for incentives for electrolyser manufacturing.
