India kickstarts auction for green hydrogen and electrolyser incentives

Bidders could secure a maximum incentive of $0.61/kg toward green hydrogen production and $54.23/kW toward electrolyser manufacturing

India’s Ministry of New and Renewable Energy (MNRE) will award incentives for the production of green hydrogen and manufacture of electrolysers during the current quarter after inviting bids from interested companies, a senior official at the ministry tells Hydrogen Economist. The MNRE is taking a leaf from China’s solar energy industry, wherein authorities were quick to incentivise the various sub-segments of solar industry and provide a head start to Chinese companies toward dominating the domestic and global supply chain. The government announced its National Green Hydrogen Mission (NGHM) in January, with incentives of $2.16bn for the production of green hydrogen and manufacture of electr