The Green Hydrogen Opportunity

Last month, the Ministry of New and Renewable Energy issued guidelines to green hydrogen producers under Tranche II of Strategic Interventions for Green Hydrogen Transition or SIGHT scheme. The capacity of Tranche-II will be 450,000 tonne per annum of green hydrogen, with 40,000 TPA reserved for biomass-based pathways (bucket- II) and the rest for technology agnostic pathways (bucket-I).

These norms are the latest in a series of measures announced by the government to attract bidders and build green hydrogen capacity after it unveiled the National Green Hydrogen Mission in January 2023 with an initial outlay of Rs. 19,744 crores up to FY30.

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