India's Ministry of New & Renewable Energy Initiates SIGHT Scheme for Green Hydrogen Transition
Key Ideas
  • Ministry of New and Renewable Energy in India has launched the SIGHT Scheme to promote green hydrogen production with incentives for adopting green hydrogen technologies.
  • The SIGHT Scheme has a total capacity of 450,000 TPA, with specific allocations for biomass-based and technology-agnostic pathways.
  • Solar Energy Corporation of India will be responsible for implementing the SIGHT Scheme, with a bidding process expected to start soon based on least average incentive quoted by bidders.
  • The minimum bid for green hydrogen production is set at 10,000 TPA and the maximum bid at 90,000 TPA under Mode 1 Tranche-II of the SIGHT Scheme.
The Ministry of New and Renewable Energy in India has introduced the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme to boost the production of green hydrogen in the country. The scheme aims to offer incentives to companies that adopt green hydrogen technologies. Under the Mode 1 Tranche-II of the SIGHT Scheme, a total capacity of 450,000 TPA has been allocated, with 40,000 TPA dedicated to biomass-based pathways and the remaining 400,000 TPA for technology-agnostic pathways. The Solar Energy Corporation of India (SECI) has been designated as the implementing agency for this initiative. The bidding process for the SIGHT Scheme is set to commence shortly, where bids will be evaluated based on the least average incentive proposed by the bidder. The bidding range for green hydrogen production in Mode 1 Tranche-II varies from a minimum of 10,000 TPA to a maximum of 90,000 TPA. These guidelines aim to drive the growth of green hydrogen technology in India and facilitate the transition towards a more sustainable energy landscape.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.