India's New Guidelines for Green Hydrogen Production: Boosting Clean Energy Transition
Key Ideas
- India's Ministry of New & Renewable Energy released guidelines for incentivizing green hydrogen production under the SIGHT scheme to accelerate the country's clean energy transition.
- The Tranche-II under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program aims to produce 450,000 tonne per annum of green hydrogen, with a focus on biomass-based and technology-agnostic pathways.
- Solar Energy Corporation of India (SECI) will implement Tranche-II, issuing Request for Selection (RfS) shortly, with bidding based on the least average incentive quoted by the bidder and specific capacity limits for each bucket.
- The National Green Hydrogen Mission, launched in January 2023, with a significant financial outlay, aims to make India self-reliant in clean energy, drive decarbonization, reduce fossil fuel dependence, and position India as a global leader in green hydrogen technology.
India's Ministry of New & Renewable Energy (MNRE) has announced guidelines to promote green hydrogen production in the country by providing incentives under the SIGHT scheme. The guidelines, focusing on Tranche-II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program, were released on July 3, 2024. This tranche aims to produce 450,000 tonne per annum (TPA) of green hydrogen, with a specific allocation for biomass-based pathways (bucket-II) and technology-agnostic pathways (bucket-I). Solar Energy Corporation of India (SECI) will oversee the implementation of Tranche-II, with the bidding process based on the least average incentive quoted by bidders and defined capacity limits for each bucket. The National Green Hydrogen Mission, initiated in January 2023 with a substantial budget allocation, is geared towards making India self-reliant in clean energy and driving decarbonization efforts. The mission also aims to reduce the country's dependency on fossil fuel imports and position India as a leader in green hydrogen technology, contributing to global clean energy transitions.