India's Green Hydrogen Transition: Winners Announced for Electrolyzer Manufacturing Capacities
Key Ideas
- Adani Enterprises, Waaree Energies, Matrix Gas and Renewables, and Ohmium were among the winners of SECI's auction to establish 1.5 GW of electrolyzer manufacturing capacities in India under the SIGHT program.
- The tender was divided into three buckets with different specifications for stack technology and capacities, emphasizing the utilization of domestically developed technologies.
- The electrolyzers are required to have a minimum guaranteed life of 60,000 hours, maintain an end-of-life efficiency above 80%, and adhere to specific energy consumption standards.
- Manufacturing facilities have 30 months from the date of the letter of award to complete commissioning and will receive quarterly incentives for five years post-commissioning.
Adani Enterprises, Waaree Energies, Matrix Gas and Renewables, and Ohmium were declared winners in an auction held by Solar Energy Corporation of India (SECI) to establish 1.5 GW of electrolyzer manufacturing capacities as part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program. The auction, segmented into three buckets, prioritized the use of domestically developed stack technology. Winners in Bucket 2B, aimed at smaller units, included Adani Enterprises, Eastern Electrolyser, Newtrace, and Suryaashish KA1 Solar Park. Bucket 2A winners featured Adani Enterprises and Newage Green Electro, while Bucket 1 winners included a mix of companies such as Waaree Energies, Matrix Gas and Renewables, and Ohmium Operations.
The electrolyzers are mandated to have a guaranteed operational life of at least 60,000 hours with end-of-life efficiency not falling below 80%. Specific energy consumption standards have been set to ensure efficient hydrogen production. The manufacturing facilities have 30 months from the date of the award to complete commissioning, after which they will receive quarterly incentives for five years. The initiative aligns with India's push towards green hydrogen and renewable energy development.