NamasteSustainableIndia The second tranche of India’s GreenHydrogen incentive scheme:
Capacity: The second tranche aims to expand India’s green hydrogen production capacity to 450,000 TPA (tonnes per annum).
Pathways:
BucketOne: This bucket includes technology-agnostic pathways, and the majority of the capacity falls under this category.
BucketTwo: Biomass-based pathways are allocated 40,000 TPA
Implementing Agency: The Solar Energy Corporation of India (SECI) will oversee the implementation of this tranche.
Bidding
Bidders will compete based on the least average incentive quoted.
Minimum bid capacity in BucketOne is 10,000 TPA, with a maximum of 90,000 TPA.
BucketTwo, the minimum bid capacity is 500 TPA, and the maximum is 4,000 TPA.
Bidders can participate in either or both buckets.
NationalGreenHydrogen Mission: Launched in January 2023, this mission aims to make India self-reliant through clean energy and lead the global Clean Energy Transition.
Additionally, India plans to provide incentives of at least US$ 0.36 (Rs. 30) per kg for green hydrogen production, contributing to carbon reduction and positioning India as a major exporter in this sector. Exciting times for sustainable energy!
Originally published on LinkedIn on 2024-07-06 12:58:13: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7215338249983041536
