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ARTICLE · 07 JULY 2023

MNRE Guidelines For Incentivising Electrolysers And Green Hydrogen Production

Argus Partners
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A transparent bidding process has been set out by the MNRE for the implementation of the Electrolyser Scheme.

IndiaEnergy and Natural Resources

The Ministry of New and Renewable Energy ("MNRE"), on June 28, 2023, notified the scheme for Strategic Interventions for Green Hydrogen Transition ("SIGHT") programme for promoting the green hydrogen sector in India as envisaged under the National Green Hydrogen Mission for the period from the financial year 2025-26 to the financial year 2029-30. The MNRE unveiled two components for the implementation of the SIGHT programme for green hydrogen, namely:

  1. Component I: Incentive Scheme for Electrolyser Manufacturing ("Electrolyser Scheme"); and
  2. Component II: Incentive Scheme for Green Hydrogen Production (under Mode 1) ("Green Hydrogen Scheme").

The key aspects of the two components of the SIGHT programme have been discussed hereinbelow:

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