The Indian government has invited bids from domestic and global investors for setting up green hydrogen manufacturing capacities of 450,000 mt per year in the first phase, a government official said on Wednesday, July 12.
The capacities will be set up under the government’s Strategic Interventions for Green Hydrogen Transition (INSIGHT) under which an outlay of $2.13 billion has been set aside as fiscal incentives to investors until 2029-30.
A pre-bid meeting with prospective bidders has been fixed for July 28 and last date for submission of bids as September 7.
The Solar Energy Corporation of India (SECI) under ministry of new and renewable energy has been designated as the implementing agency for the scheme.
Of the total capacities on offer, 410,000 mt per year of green hydrogen production is technology agnostic, while the rest is for biomass-based pathways.
The maximum capacity for a bidder, including its parent or affiliate company, is 90,000 mt per year and minimum is 10,000 mt for ‘technology agnostic’ pathways for green hydrogen production.
For biomass-based technology, the minimum bid capacity is 500 mt per year and maximum of 4,000 mt per year for a single bidder.