Adani, Waree, Matrix, Advait & Ohmium among winners of SECI’s green hydrogen allocation

India’s Solar Energy Corporation of India Limited (SECI) has awarded capacity to eleven companies in its second 1.5 GW electrolyzer manufacturing tender under the production-linked incentives (PLI) scheme. This tender, part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-II), attracted bids from 23 companies, totaling an annual capacity of 2,847 MW.

Under this scheme, companies establishing electrolyzer manufacturing facilities are eligible for government incentives. The allocated capacity is divided into three categories: 1.1 GW for electrolyzer manufacturing based on any stack technology, 300 MW for manufacturing based on indigenously developed stack technology, and 100 MW for manufacturing smaller units using indigenously developed stack technology.

The 1.1 GW capacity for any stack technology has been allocated to Waaree Energies (300 MW), Matrix Gas and Renewables (237 MW), Advait Infratech (200 MW), Ohmium Operations (137 MW), GH2 Solar (105 MW), Newage Green Electro (71.5 MW), and Green H2 Network (49.5 MW).

For the 100 MW allocated to smaller units using indigenously developed stack technology, Adani Enterprises (30 MW), Eastern Electrolyser (30 MW), Newtrace (30 MW), and Suryaashish KA1 Solar Park (10 MW) secured incentives.

The remaining 300 MW for manufacturing based on indigenously developed stack technology was awarded to Newage Green Electro (228.5 MW) and Adani Enterprises (71.5 MW).

In the Bucket 2B category- the electrolyser manufacturing capacity based on indigenously developed stack technology under 100 MW- some 100 MW of capacity has been allocated. 

In the Bucket 2A category- electrolyser manufacturing capacity based on indigenously developed stack technology-Adani Enterprises Limited (71.5 MW) and Newage Green Electro Private Limited (228.5 MW) were allocated 300 MW of electrolyser manufacturing capacity.

In the Bucket 1 category, with 1100 MW maximum capacity, Waaree Energies Ltd (300 MW), Matrix Gas and Renewables Limited (200 MW),  Advait Infratech Limited (200 MW) and GH2 Solar Private Limited (105 MW) were allocated tender for manufacturing, among others. Some 11 manufacturers were allocated tender in Bucket 1 category. The total allocation stood at 1100 MW.

As per SECI, the electrolyser manufacturing facilities established under this tender will have 30 months from the issuance date of the letter of award (LoA) to complete the commissioning of their entire manufacturing capacity. 

Additionally, the manufacturers awarded under this tender will be eligible for quarterly incentives on electrolyser sales for a period of five years from the commissioning date.

The Union Ministry of New and Renewable Energy (MNRE) has recently released guidelines and incentives to encourage the procurement of green hydrogen under the National Green Hydrogen Mission.

As part of this mission, ₹17,490 crore has been allocated to the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme, aimed at supporting domestic electrolyzer manufacturing and green hydrogen production. These incentives are intended to drive cost reduction and promote rapid growth in the sector.

Advait Disclosure

Advait Infratech Ltd., headquartered in Ahmedabad, has announced receiving orders worth INR 296 crore from SECI, with the contract to be executed within five years.

Ahmedabad headquartered Advait Infratech Ltd. has informed that it has received orders worth INR 296 Crore from the Solar Energy Corporation of India (SECI). The said contract has to be executed within a period of five years.

“Advait Infratech has received an order for setting up manufacturing capacities of 200 MW of Alkaline Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche -II) by SECI on August 27, 2024,” mentioned the company in a regulatory filing.

Similarly, US based clean energy major Ohmium’s CEO Arne Ballantine stated, “Our selection for this award demonstrates both Ohmium team’s commitment to excellence as well as to decarbonization in India and across the globe.”

“India has ambitious green hydrogen goals, and this program supports India’s evolution as a global Energy hub. These funds will accelerate the expansion of Ohmium’s Gigafactory in Bangalore as well as support future local manufacturing facilities”, noted Ballantine.