India's SIGHT Scheme Attracts Green Hydrogen Giants

India targets 5 million tonnes of green hydrogen output annually by 2030 under its National Green Hydrogen Mission

Second tranche bids attract 14 companies aiming for large-scale green hydrogen production

• 14 leading companies, including Reliance, L&T, and Avaada, bid for financial incentives under the SIGHT Scheme.

• Bids include plans for 450,000 tonnes of green hydrogen production per annum, focusing on renewable and biomass-based pathways.

• Government support capped at ₹50/kg for initial production under the SIGHT programme.

India’s renewable energy sector witnessed a significant development as 14 companies, including Reliance Green Hydrogen, L&T Energy, ReNew E-fuels, Waaree Clean Energy Solution, and Avaada Green H2, submitted bids for financial incentives under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. The bids, managed by the Solar Energy Corporation of India (SECI), propose setting up 450,000 tonnes per annum of green hydrogen production capacity, with allocations for both technology-agnostic and biomass-based pathways.

This marks a major step forward in India’s ambitions to become a global leader in green hydrogen production. As the world pivots towards clean energy, the move aligns with India’s National Green Hydrogen Mission, which seeks to boost domestic hydrogen production and establish export potential. The government has earmarked a total of ₹19,744 crores under the Mission to accelerate progress in this sector.

---

Technical Focus

India’s green hydrogen market is poised to grow exponentially, supported by a robust renewable energy base. The country plans to produce 5 million tonnes of green hydrogen annually by 2030, with associated renewable energy capacity additions of 125 GW. The government’s phased incentive structure under the SIGHT programme, ranging from ₹50 to ₹30 per kg, aims to make green hydrogen economically competitive.

---

Reliance, L&T, and Waaree each bid for the maximum production capacity of 90,000 tonnes per annum under the technology-agnostic bucket, while ReNew and Avaada proposed capacities of 55,000 tonnes and 45,000 tonnes, respectively. Avaada Energy Chairman Vineet Mittal highlighted the company’s ongoing ₹25,000 crores green ammonia project in Orissa as a cornerstone of its future plans.

Waaree Energies also diversifies into green hydrogen, including setting up a 300 MW electrolyser manufacturing facility. The company sees this as a natural extension of its solar energy expertise and is committed to scaling its renewable operations in the coming years.

The government’s strategic cap on incentives and emphasis on capacity scaling demonstrates its intent to catalyze private investment while maintaining fiscal prudence. By encouraging large-scale production and R&D, India is laying the groundwork for a sustainable and competitive green hydrogen ecosystem.