Energy Transition, Hydrogen, Renewables, Emissions
March 20, 2025
L&T Energy, Reliance among nine winners in India’s second renewable hydrogen tender
HIGHLIGHTS
To support 450,000 mt/year
$259 million to be disbursed
State tendering arm Solar Energy Corp of India has issued Letters of Award to nine firms including L&T Energy, AM Green and Reliance Green in the country's second renewable hydrogen production incentive tender, SECI announced March 20.
The tendering body is disbursing incentives under the Rupees 197.44 billion ($2.28 billion) National Green Hydrogen Mission plan to produce renewable hydrogen and electrolyzers.
SECI said Rupees 22.39 billion ($259 million) has been awarded in the round.
The awards equated to the production of 450,000 mt/year of green hydrogen. The tender itself took place in January.
The first tender, which took place in 2023, awarded incentives of Rupees 30.55 billion, also for around 450,000 mt/yr.
| India: second renewable hydrogen tender awards | |||||
| Bidders | Bids (Rupees/kg) | Capacity allocated (mt/year) | |||
| Technology agnostic pathway | |||||
| Year 1 | Year 2 | Year 3 | Average | ||
| Oriana Power | 0.01 | 0.01 | 0.01 | 0.01 | 10,000.00 |
| Suryadeep KA1 Project | 1.00 | 11.00 | 12.00 | 8.00 | 19,000.00 |
| L&T Energy Green Tech | 1.00 | 9.33 | 23.00 | 11.11 | 90,000.00 |
| GH2 Solar | 5.00 | 15.00 | 24.90 | 14.97 | 10,500.00 |
| Green Infra Renewable Energy Farms | 1.00 | 40.00 | 7.60 | 16.20 | 90,000.00 |
| Waaree Clean Energy Solutions | 1.00 | 27.85 | 27.85 | 18.90 | 90,000.00 |
| AM Green Ammonia (India) | 7.00 | 40.00 | 10.00 | 19.00 | 90,000.00 |
| Reliance Green Hydrogen and Green Chemicals | 4.96 | 40.00 | 30.00 | 24.99 | 49,000 |
| Biomass pathway | |||||
| Matrix Gas and Renewables | 50.00 | 40.00 | 29.00 | 39.67 | 1,500.00 |
| Total | 450,000.00 | ||||
| Source: Solar Energy Corp | |||||