These 13 Companies, Including Adani-Waaree, Got A Green Hydrogen Incentive And Succeeded

Prime Minister Modi also mentioned green energy in his Independence Day speech. He had said in clear words that the government will make all possible efforts to meet the country’s zero-emission target. Now 13 companies have benefited from this incentive scheme of the government. Companies like Adani Enterprises, Vari Energies, Ohmium Operations and Avada Electrolyzers are included in this list. Let us tell you that the Modi government is working fast on green energy. For this, it is also working on a plan to equip two million houses with solar panels. The effort of the government is to make this plan successful as soon as possible.

13 companies will receive subsidy

These are the companies that have secured eligible capacity for incentives under the second tranche of the Strategic Intervention for Green Hydrogen Transition (SIGHT) scheme for manufacturing electrolysers in the country, people familiar with the development said. 13 companies have been selected (shortlisted) to receive subsidy under this. This means that now these 13 companies will receive subsidies from the government.

23 companies had offered

SIGHT is a financial programme under the National Green Hydrogen Mission, with a total outlay of Rs 17,490 crore for construction of electrolysers and production of green hydrogen. The allocation for the second tranche has been fixed at Rs 2,200 crore. Growing interest Solar Energy Corporation of India (SECI) had received bids from 23 companies for 2,847 MW against the proposed capacity of 1,500 MW in different technology-based categories.

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According to an official from SECI, the nodal body for the tender, the results of the financial offers are subject to review. The financial offers called for in May related to three categories: Any stack technology (Cube 1), locally developed stack technology (Cube 2A) and locally developed stack technology-small unit (Cube 2B).