The Solar Energy Corporation of India (SECI) has awarded nine companies the rights to set up green hydrogen production facilities under the second tranche of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. The awarded companies are Reliance Green Hydrogen and Green Chemicals, L&T Energy, AM Green Ammonia, Waaree Clean Energy Solutions, Oriana Power Ltd, Matrix Gas and Renewables Ltd, GH2 Solar Private Ltd, Green Infra Renewable Energy Farms Private Ltd, and Suryadeep KA1 Project Private Ltd.
The awarded companies will set up a total capacity of 450,000 metric tonnes of green hydrogen per annum, with L&T Energy, Green Infra Renewable Energy Farms, Waaree Clean Energy Solutions, and AM Green Ammonia being allocated the highest annual capacity of 90,000 metric tonnes. Reliance Green Hydrogen was awarded a capacity of 49,000 metric tonnes.
The government has allocated a total of Rs 2,238.59 crore as incentives under the second tranche of the scheme, with AM Green Ammonia and Waaree Clean Energy Solutions receiving the highest incentives of Rs 513 crore and Rs 510.3 crore, respectively. The awarded companies are expected to invest around Rs 80,000 crore in setting up the green hydrogen facilities.
The Indian government has launched the National Green Hydrogen Mission with an outlay of Rs 19,744 crores up to 2029-30 to boost domestic production of green hydrogen. The mission aims to increase India’s green hydrogen production capacity to at least 5 million tonnes per annum, with an associated renewable energy capacity addition of about 125 GW by FY30. This will require a significant investment in green hydrogen production facilities and associated infrastructure.