India's Green Hydrogen Revolution: Companies Secure Tenders for Production Facilities
Key Ideas
  • Nine companies, including Reliance Green Hydrogen, secure tenders for green hydrogen production facilities under India's SIGHT Scheme.
  • SECI awards incentives totaling Rs 2,238.59 crore to companies like AM Green Ammonia and Waaree Clean Energy for capacity building.
  • Indian private sector shows significant interest in green hydrogen with plans to invest around Rs 80,000 crore in projected capacities.
  • National Green Hydrogen Mission aims to boost domestic production with an outlay of Rs 19,744 crore by 2029-30, targeting 5 million tonnes per annum capacity.
The Solar Energy Corporation of India (SECI) has awarded tenders to nine companies, including Reliance Green Hydrogen, for setting up green hydrogen production facilities under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. Companies like L&T Energy, AM Green Ammonia, and Waaree Clean Energy Solutions have been allocated the highest annual capacity. SECI has allocated significant incentives to various companies, with a total of Rs 2,238.59 crore awarded under the scheme. The private sector in India is making substantial investments in green hydrogen, with plans to invest approximately Rs 80,000 crore in building capacities. The National Green Hydrogen Mission, launched in 2023, aims to enhance domestic production through various initiatives, including pilot projects and R&D, with a target of 5 million tonnes per annum capacity by FY30.
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