The Solar Energy Corporation of India (SECI) has announced the result of its auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme (Mode-1, Tranche-II) to select producers for setting up green hydrogen production facilities in India. The programme aims to promote large-scale green hydrogen production, improve cost competitiveness, and facilitate rapid expansion. A total annual production capacity of 450,000 metric tonnes (MT) has been awarded, with a maximum allocated incentive of Rs 22.39 billion.
Under Bucket 1, a total of 448,500 MT was allocated across multiple companies. AM Green Ammonia India, Waaree Clean Energy Solutions Green Infra Renewable Energy Farms and L&T Energy Green Tech were awarded 90,000 MT each, for an allocated incentive of Rs 5.13 billion, Rs 5.10 billion, Rs 4.37 billion and Rs 3 billion, respectively. Reliance Green Hydrogen and Green Chemicals was awarded 49,000 MT for an allocated incentive Rs 3.67 billion, Suryadeep KA1 Project (InSolare Energy) was awarded 19,000 MT for an allocated incentive Rs 456 million, GH2 Solar was awarded 10,500 MT for an allocated incentive Rs 471 million and Oriana Power was awarded 10,000 MT for an allocated incentive of Rs 300,000. Under Bucket 2, Matrix Gas and Renewables secured 1,500 MT for an allocated incentive of Rs 178.5 million.
The green hydrogen production facilities must be commissioned within 36 months from the date of issuance of the letter of award. Bidders were required to submit a single bid to establish production facilities, with a minimum bid capacity of 10,000 MT per annum for technology-agnostic pathways and 500 MT per annum for biomass-based pathways. The maximum bid capacities allowed were 90,000 MT per annum for technology-agnostic projects and 4,000 MT per annum for biomass-based projects. Additionally, bid submissions had to be in multiples of 500 MT per annum, and the quoted capacity must remain unchanged for the first three years of commercial operation. Furthermore, bidders can determine project locations at their own discretion, cost, and risk, with the flexibility to change locations during execution. Producers must also submit quarterly progress reports to SECI, outlining project updates and any delays.
