Ministry of New and Renewable Energy issues scheme guidelines for implementation of Green Hydrogen under SIGHT Scheme (Mode 1 Tranche-II) – EQ
In Short : The Ministry of New and Renewable Energy has issued guidelines for implementing Green Hydrogen under the SIGHT Scheme (Mode 1, Tranche-II). This framework aims to support the production and use of green hydrogen as part of India’s clean energy transition.
In Detail : The Scheme Guidelines for implementation of “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme – Component II: Incentive Scheme for Green Hydrogen Production (under Mode 1)- Tranche-II” have been notified by MNRE on 03rd July 2024.
The capacity of Tranche-II will be 450,000 TPA of Green Hydrogen, with 40,000 TPA capacity reserved for biomass-based pathways (bucket-II) and the rest for technology agnostic pathways (bucket-I). Solar Energy Corporation of India (SECI) is the implementing agency for this tranche as well. The Request for Selection (RfS) shall be issued by SECI shortly.
The bidding shall be based on the least average incentive quoted by the bidder. The minimum bid under bucket-I is 10,000 TPA while the maximum bid is 90,000 TPA. The minimum bid capacity in bucket-II is 500 TPA and the maximum capacity is 4000 TPA. A bidder can bid in any or both buckets. The maximum capacity which a single bidder can be allotted in this tranche is 90,000 TPA.
The National Green Hydrogen Mission was launched on 4th January 2023, with an outlay of Rs. 19,744 crores up to FY 2029-30. It will contribute to India’s goal to become Aatma Nirbhar (self-reliant) through clean energy and serve as an inspiration for the global Clean Energy Transition. The Mission will lead to significant decarbonisation of the economy, reduced dependence on fossil fuel imports, and enable India to assume technology and market leadership in Green Hydrogen.
