On June 28,2023, MNRE released its scheme guidelines for implementation of “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme – Component I: Incentive Scheme for Electrolyser Manufacturing“. These incentives are intended to promote quick scale-up, technological advancement, and cost reduction for electroloysers in India. The financial outlay for the scheme is Rs 44.4 billion. The programme will be implemented from 2025-26 to 2029-30.
The scheme would give funding for electrolyser manufacture in the form of ‘Rs per kW’ According to manufacturing capability, the base incentive will begin at Rs.4,440/kW in the first year and subsequently decrease on an annual basis. The incentives suggested under this programme will be available for 5 years from the start of electrolyser manufacturing.
MNRE will implement the scheme through SECI as the ‘Implementing Agency’. SECI will be responsible for secretarial, management, and implementation assistance, as well as other duties as allocated by MNRE from time to time.
Bids in the first tranche of 1,500 MW will be called in two separate buckets. Bucket 1 comprises capacity of 1,200 MW for electrolyser manufacturing based on any stack technology. Bucket 2 comprises capacity for 300 MW for electrolyser manufacturing capacity based on indigenously developed technology.
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