The Indian government has released guidelines for the second phase of its clean hydrogen production funding initiative, offering subsidies for the production of up to 4,50,000 tons of hydrogen annually. The incentive scheme will span three years, with incentive rates set at $0.61/kg for the first year, $0.49/kg for the second year, and $0.37/kg for the third year. The auction will be divided into technology-agnostic and biomass-based pathways, with differing production capacities for applicants in two separate categories. The Solar Energy Corporation of India (SECI) will oversee the bidding process, ranking bidders based on their average incentive cost over the three years. This funding initiative is part of a $2.1 billion Strategic Initiative for Green Hydrogen Technologies (SIGHT) to support India's target of producing five million tons of hydrogen annually by 2030. The first phase of funding had an oversubscription, and selected projects received average incentives of $0.48/kg. The aim of this initiative is to boost the development of green hydrogen technologies and contribute to India's clean energy goals.