Thirteen companies, including industry giants like Reliance and L&T, have participated in the bidding process to secure incentives for green hydrogen production under India's SIGHT scheme. These companies aim to collectively produce over 622,500 tonnes of green hydrogen annually, surpassing the government's initial target of 450,000 tonnes. The maximum incentive available under the scheme is Rs 5,400 crore, and the evaluation of financial bids is currently underway, with a government official suggesting completion within the next 10-15 days. The SIGHT scheme, a component of India's National Green Hydrogen Mission, was launched in January 2023 with a significant allocation of Rs 17,490 crore for developing green hydrogen capacities and electrolysers. The mission's ambitious goal is to achieve an annual production capacity of 5 million metric tonnes of green hydrogen by the financial year 2029-30. The bidding process for the second tranche of the scheme is designed to prioritize bids based on the lowest incentive demands, with set caps for incentive rates during the initial years of production. Companies participating in the bidding include Reliance Green Hydrogen, ReNew E-Fuels, L&T Energy, and several others. The scheme outlines technology-agnostic pathways for green hydrogen production, with specific requirements for capacity bids based on the chosen production method. The program is overseen by the Solar Energy Corporation of India, operating under the Ministry of New and Renewable Energy, and emphasizes the timely commissioning of green hydrogen production units. The article highlights the significant interest and investment in green hydrogen production in India, showcasing the industry's commitment to advancing sustainable energy solutions. By exceeding production targets and receiving substantial incentives, these companies are poised to drive the adoption of green hydrogen technology and contribute to India's renewable energy goals.