India continued to advance its green hydrogen sector in Q4 2024 through numerous key tenders, bid submissions, investments and policy measures.
Three green hydrogen tenders were issued by various tendering authorities including MECON Limited, Hindustan Petroleum Corporation Limited (HPCL), and Powergrid Corporation of india, according to JMK Research & Analytics.
The Solar Energy Corporation of India (SECI) opened a set of bids submitted by 14 players with a cumulative capacity of 6,26,500 MT per annum, compared to the tender capacity of 4,50,000 MT per annum, for setting up production facilities for green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1 Tranche-II).
Waaree Energies approved INR200 crore investment to set up a 300MW electrolyser manufacturing plant under the PLI Scheme.
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