14 Companies Bid for Incentives Under India's Green Hydrogen Plan, 21 for Electrolysers: SECI
The initiative is part of a USD 2 billion program launched in July to stimulate green hydrogen production and electrolyser manufacturing.
December 16, 2023. By Abha Rustagi
Additionally, a total of 14 major companies, including Reliance Industries, JSW Energy, Torrent Power, and Bharat Petroleum Corp, have participated in the bidding for incentives under India's green hydrogen initiative.
The initiative is part of a USD 2 billion program launched in July to stimulate green hydrogen production and electrolyser manufacturing.
Bids for producing 0.55 million metric tons of green hydrogen have surpassed the targeted 0.45 million tons. Key players in this segment include Acme Cleantech, Sembcorp Green Hydrogen, CESC, Greenko ZeroC, and Avaada GreenH2.
Bids for setting up 1.5 GW of electrolyser manufacturing capacity have exceeded expectations, reaching 3.4 GW. Notable participants in this aspect include Waaree Energies, Ohmium Operations, Advait Infratech, and Acme Cleantech Solutions.
India's ambitious goal is to achieve an annual green hydrogen production capacity of 5 million tons by 2030, signaling a significant step towards a cleaner and sustainable energy future.
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