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SECI initiated another RFS in July 2023 to select green hydrogen producers under Component-II of the SIGHT scheme. The total outlay for this component is Rs130.5 billion (US$1.59 billion). Here, winners were selected based on the least incentives quoted for their production capacity. The green hydrogen production capacity was distributed with 410,000 metric tonnes a year (MTPA) under Bucket 1 and 40,000MTPA under Bucket 2. Bucket 1 pertains to technology-agnostic pathways for green hydrogen production, while Bucket 2 focuses on biomass-based pathways. Bid submissions exceeded the available capacity of 450,000MTPA, reaching 551,500MTPA from 13 bidders. Winners in Bucket 1 included Reliance, Greenko and ACME, securing 90,000MTPA of capacity each, with respective average incentives of Rs18.9/kg (US¢23/kg), Rs30/kg (US¢36/kg) and Rs30/kg (US¢36/kg).
India's $2.1bn Leap Towards its Green Hydrogen Vision
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