Indian gov’s green hydrogen production requires huge investment

Government’s ambitious goal to develop a substantial 15,000 MW electrolyser manufacturing capacity for green hydrogen production will require an investment ranging from ₹30,000 to ₹45,000 crore. The significant financial undertaking highlights the scale of government’s commitment under its national green hydrogen mission. Additionally, the government has allocated ₹12,500 crore in incentives to support the capacity

India Launches ₹13,050 cr incentive scheme for green hydrogen

The Ministry of New and Renewable Energy (MNRE) has sanctioned the implementation of the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme—Component II, which focuses on the Incentive Scheme for Green Hydrogen Production. This initiative, under Mode 1, falls under Tranche II of the National Green Hydrogen Mission and is set to span from FY

Gensol Engineering along with Matrix Gas wins PLI bid for hydrogen project

Shares of Gensol Engineering surged nearly 8% after the company, along with Matrix Gas and Renewables Ltd, won a bid under the Central government’s production linked incentive (PLI) scheme for the manufacturing capacity of an advanced electrolyser plant. The project, with a manufacturing capacity of 63 MW per annum, is strategically positioned to make a

Bids invited for green hydrogen manufacturing

The SIGHT programme is a part of India's National Green Hydrogen Mission launched in January, with an outlay of Rs 17,490 crore for green hydrogen capacity as well as electrolysers. Of this, Rs 13,050 crore is for green hydrogen capacities till financial year 2029-30.

National green hydrogen mission approved

The Union Cabinet approved the ₹19,744-crore National Green Hydrogen Mission with an objective to become a major exporter in the field and make India a global hub for the production, utilisation, and export of Green Hydrogen and its derivatives. The development will help India, one of the world’s biggest greenhouse gas emitters, achieve net-zero carbon