Sight Scheme News Today

Adani New would initially set up about 198.5 MW capacity and receive an incentive of up to ₹293.78 crore from the government under the scheme

Jindal India had been granted a maximum subsidy of ₹444 crore to set up 300 MW of annual electrolyser manufacturing capacity. This has now been awarded to L&T Electrolysers.The ₹17,490-crore scheme grants subsidies to companies for setting up electrolyser manufacturing plants in India

The technical bids for incentives under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme were opened on Friday while the last day of submission was December 12. "The financial bids have not been opened yet and will likely take some time for evaluation," a government official said. GH4India is a joint venture of Indian Oil Corporation, Larsen & Toubro and ReNew.

India News: The last date to submit bids for green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parli

The mission aims to develop India as a global hub for production, usage and exports of green hydrogen and its derivatives. It is expected to promote multilateral engagement and collaboration with various international efforts in hydrogen and fuel cells.