CORPORATE
Reliance, JSW, BPCL & 11 others bid for sops under green hydrogen plan
- IBJ Bureau
- Dec 16, 2023
Reliance Industries, JSW Energy, Torrent Power and Bharat Petroleum Corporation (BPCL) are among 14 companies that have bid for incentives under green hydrogen plan, according to a government agency.
Twenty companies, including Reliance Industries, Adani Group, Jindal India, Larsen & Toubro and Bharat Heavy Electricals have also submitted bids for incentives to manufacture electrolysers, statements from Solar Energy Corporation of India have said.
In July, India had invited pilot bids under its $2-billion programme to incentivise production of green hydrogen and manufacturing of electrolysers.
Bids for 0.55 million metric tonnes of green hydrogen production have been received against the invited 0.45 million tonnes, the statements show. The companies include Acme Cleantech, Sembcorp Green Hydrogen, CESC, Greenko ZeroC and Avaada GreenH2, they add.
For an invitation to set up 1.5 gw of electrolyser manufacturing capacity, bids for 3.4 gw were received, the statements show.
Other bidders for electrolysers include Waaree Energies, Ohmium Operations, Advait Infratech and Acme Cleantech Solutions.
India aims to reach 5 million tonnes in annual green hydrogen production capacity by 2030.
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