GH2 Solar Wins Tender to Boost India's Green Hydrogen Economy
Key Ideas
- GH2 Solar Pvt Ltd secures a 105 MW electrolyser manufacturing capacity through a competitive tender from SECI, supported by a ₹157.5 crore subsidy.
- The project aims to aid India in producing 5 million metric tons of green hydrogen annually and achieving 280 GW of installed solar capacity by 2030.
- Advanced electrolyser technology is expected to lessen India's reliance on fossil fuels, combat climate change, and enhance energy security.
- The initiative is set to generate job opportunities, boost local economies, and cultivate a skilled workforce in the renewable energy domain.
GH2 Solar Pvt Ltd has achieved a significant milestone in India's green hydrogen sector by winning a competitive tender from SECI for a 105 MW electrolyser manufacturing capacity. This accomplishment, backed by a ₹157.5 crore subsidy under the PLI scheme, is poised to contribute significantly to India's target of producing 5 million metric tons of green hydrogen annually and achieving 280 GW of solar capacity by 2030. The adoption of advanced electrolyser technology by GH2 Solar is anticipated to reduce the country's dependency on fossil fuels, tackle climate change, and enhance energy security. Anurag Jain, the Director of GH2 Solar Pvt Ltd, expressed the company's commitment to innovation, sustainability, and India's energy security through this project. Apart from these benefits, the project is expected to create employment opportunities, stimulate local economic growth, and foster the development of a skilled workforce in the renewable energy sector. This initiative marks a positive step towards a greener and more sustainable energy future for India.