SECI declares winners of its 450,000 mt green hydrogen manufacturing auction

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Results for the Solar Energy Corporation of India Limited’s (SECI) auction to develop 450,000 metric tonnes (mt) per annum generation facilities for green hydrogen have been announced.

The tender for the project was issued in July 2023, under bucket I (with capacity 410,000 mt per annum) and bucket II (with capacity 40,000 mt per annum), which included technology agnostic pathways bucket and biomass-based pathways bucket, respectively. At an average incentive of Rs 18.9 per kg, Rs 30 per kg, and Rs 30 per kg, Reliance, Greenko, and ACME have won a capacity of 90,000 mt each. Welspun New Energy (20,000 mt for Rs 20 per kg), JSW Energy (6,500 mt for Rs 34.66 per kg), Hygenco (75,000 mt for Rs 25.04 per kg), Torrent Power (18,000 mt for Rs 28.89 per kg). Moreover, at a zero-average incentive, Calcutta Electric Supply Corporation Projects and UPL won 10,500 mt and 10,000 mt, respectively. Under bucket I, entire capacity was allotted. While under bucket II, Bharat Petroleum Corporation Limited won 2,000 mt for Rs 30 per kg. Remaining capacity of 38,000 MT was unallocated. The projects should be completed within 30 months of receiving the letter of award.

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