The Ministry of New and Renewable Energy (MNRE) has issued a document describing incentive programmes for the domestic production of electrolysers and green hydrogen, with a total financial investment of 174.9 billion. The framework paper outlines two incentive programme components. Component I focuses on providing electrolyser manufacturing incentives, with a Rs 44.4 billion financial outlay, and Component II aims to boost Green Hydrogen generation, with a Rs 130.5 billion financial outlay.
MNRE will carry out the programmes through the Solar Energy Corporation of India (SECI) as part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme between 2025-26 and 2029-30. Under the National Green Hydrogen Mission, the SIGHT programme is an important budgetary measure. It suggests two techniques of providing financial incentive mechanisms to assist domestic electrolyser manufacturing and green hydrogen production.
The first is a competitive selection procedure for bidding on the least incentive demanded over three years, and the second is where the implementing agency will aggregate demand and call for bids for purchase of green hydrogen and its derivatives at the lowest cost. To monitor and facilitate programme implementation, a Programme Monitoring Committee has been formed, which will be led by the MNRE Secretary and will include officials from the ministry, SECI, and specialists from other organisations.
