Reliance Green Hydrogen and Green Chemicals, L&T Energy, AM Green Ammonia, and Waaree Clean Energy Solutions are among the nine companies that have won tenders for green hydrogen project under the second tranche of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. The Solar Energy Corporation of India (SECI) issued Letters of Award (LoA) to these firms, selecting them from fourteen bidders.
Other winners include:
*Oriana Power Ltd
*Matrix Gas and Renewables Ltd
*GH2 Solar Private Ltd
*Green Infra Renewable Energy Farms Private Ltd
*Suryadeep KA1 Project Private Ltd
Production Capacities and Financial Incentives
L&T Energy, Green Infra Renewable Energy Farms, Waaree Clean Energy Solutions, and AM Green Ammonia secured the highest annual production capacity of 90,000 metric tons each. Meanwhile, Reliance Green Hydrogen won a 49,000 metric tons per year capacity.
A total incentive of ₹2,238.59 crore has been allocated under this tranche, including:
*₹513 crore for AM Green Ammonia
*₹510.3 crore for Waaree Clean Energy Solutions
*₹437.4 crore for Green Infra
Massive Investment Potential
The ministry of new and renewable energy invited bids for 4,50,000 tons per annum of green hydrogen capacity under this round. Industry analysts estimate that setting up a 1,00,000 ton green hydrogen project requires an investment of ₹18,000-₹20,000 crore. Based on these estimates, the awarded projects could drive investments of approximately ₹80,000 crore.
Other bidders included:
*ReNew E-Fuels Private Limited
*Ocior Energy India Private Limited
*Nishal Enterprises Private Limited
*ChemSepT Engineering Private Limited
*Avaada GreenH2 Private Limited
*Private Sector Driving Green Hydrogen Growth
India’s private sector is making rapid progress in renewable energy, particularly in green hydrogen production. Under Tranche-II guidelines, the project categories were:
*Bucket-I (Technology-Agnostic Pathways): Minimum 10,000 tons per year, maximum 90,000 tons per year
*Bucket-II (Biomass-Based Pathways): Minimum 500 tons per year, maximum 4,000 tons per year
A single bidder could be allocated up to 90,000 tons per year, and successful bidders can establish multiple projects to meet their allotted capacity after receiving the Letter of Award.
Previous Winners and Government Support
In the first tranche of the SIGHT scheme, winners included:
*Reliance Green Hydrogen and Green Chemicals Ltd
*ACME Cleantech Solutions Private Ltd
*Greenko ZeroC Private Ltd
*Torrent Power
*HHP Two Private Ltd
*Welspun New Energy
*CESC Projects Ltd
*UPL Ltd
*JSW Neo Energy Ltd
To support the green hydrogen project, the government has capped financial incentives at:
*₹50 per kg for the first year
*₹40 per kg for the second year
*₹30 per kg for the final year
India’s National Green Hydrogen Mission
Launched in 2023, the National Green Hydrogen Mission has a budget of ₹19,744 crore until 2029-30 to promote domestic green hydrogen production. This includes:
*₹17,490 crore for the SIGHT programme
*₹1,466 crore for pilot projects
*₹400 crore for R&D
*₹388 crore for other initiatives
As reported by egov.eletsonline.com, India aims to achieve a green hydrogen production capacity of at least five million tons per annum and add 125 GW of renewable energy capacity by FY30.
