MNRE launches scheme to incentivise production of green hydrogen

Amlan Bibhudatta

Notable because

As a follow-up to the  National Green Hydrogen Mission, which has earmarked financial support for GH2, the MNRE has now announced incentives for a tranche of projects equating to a sizable 200,000 MTPA. These incentives, which will be disbursed through a competitive bidding process, are a part of the SIGHT component 2. Ultimately, the incentive amount aims to facilitate cost reduction and the establishment of a track record for future projects.

What to look out for in the months ahead

Who will be the winning bidders of this tender?

What will be the least incentive amount quoted by the winning bidders?