The Ministry of New and Renewable Energy (MNRE) has issued a document describing incentive programmes for the domestic production of electrolysers and green hydrogen, with a total financial investment of Rs 174.9 billion.
The framework paper outlines two incentive programme components. Component I focuses on providing electrolyser manufacturing incentives, with a Rs 44.4 billion financial outlay, and Component II aims to boost green hydrogen generation, with a Rs 130.5 billion financial outlay. MNRE will carry out the programmes through the Solar Energy Corporation of India (SECI) as part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme. Under the National Green Hydrogen Mission, the SIGHT programme is an important budgetary measure. It suggests two financial incentive mechanisms to support domestic electrolyser manufacturing and green hydrogen production.