Twenty-one companies have bid for government incentives for electrolyzer manufacturing in India. These companies have sought incentives for capacities aggregating to 3,428.5 MW against the 1.5 GW production-linked incentive (PLI) tender.
Out of the total tendered capacity of 1.5 GW, 1.2 GW is to be allocated for electrolyzer manufacturing capacity based on any stack technology (bucket-1), and the balance 300 MW for electrolyzer manufacturing capacity based on indigenously developed stack technology (bucket-2).
Adani New Industries Ltd has applied for the maximum capacity of 600 MW. It bid under both bucket-1 and bucket-2, quoting 300 MW capacity in each category. Other major bidders include Reliance, Larsen & Toubro, Jindal India, John Cockerill Greenko Hydrogen Solutions, Avaada, and Waaree.
The PLI tender for 450,000 mtpa of green hydrogen production capacity has also received an encouraging response with 14 companies bidding for a cumulative 553,730 mtpa capacity. Reliance, Greenko, Avaada and Acme have bid for the maximum capacities of 90,000 mtpa each. Amonst other bidders, HHP quoted for 75,130 mtpa, Sembcorp 36,000 mtpa, Welspun New Energy 20,000 mtpa and Torrent Power 18,000 mtpa.
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