New Delhi: The Ministry of New and Renewable Energy (MNRE) is planning to issue the first tranche of green hydrogen incentive scheme in the next few months and the second tranche later this year, said Bhupinder Singh Bhalla, secretary, at an event here today.
“The government, under the National Green Hydrogen Mission, has introduced incentive schemes for domestic manufacturing of electrolyzers. We have already had a pre-bid meeting and some clarification will be issued which we will be doing shortly. Then we hope to finalise this incentive scheme, the first tranche of it in the next few months,” said Bhalla.
He added that the government will also come out with tranche-II of the scheme sometime later this year. Bhalla was speaking at the fourth international conference on clean energy organised by the Confederation of Indian Industry. “Looking at the experience we have and we are awarding the tranche one scheme,” he added.
On the wind energy sector, he said that India has achieved about 80 per cent indigenisation or localisation in wind turbine manufacturing. “India’s wind turbine manufacturing industry is already catering to global markets and we have our 15 GW of wind manufacturing capacities in India currently,” he added.
The Ministry of Heavy Industries is implementing a PLI scheme for advanced chemistry cell batteries targeting 550 GW/hr production capacity by 2030.
On domestic solar manufacturing, he said that by 2026, India will have 100 GW of module manufacturing capacity.
“After the PLI scheme is fully implemented we should be in a position to have 100 GW of solar PV module manufacturing capacity. The target is to have 300 GW of solar capacity by 2030 which would require 30 GW to 40 GW per year of solar capacity addition for every year,” said Bhalla.
Under the PLI scheme itself, the outlay was about Rs 24,000 crores over 48 GW of new manufacturing capacity will be supported under the PLI scheme.
“We have different buckets. We have fully integrated bucket, then polysilicon to module, then wafer to module, and then cell to module. In all three buckets, substantial capacities are coming up accumulating over 48 GW, which is just under the PLI scheme.
Currently India has 28 GW of module manufacturing capacity and 6 GW of cell manufacturing capacity.
“All these efforts will enable India to not only meet its own requirements of solar, wind, hydrogen and storage but also emerge as a leading exporter supporting the global energy transition,” he said.
He added that continuous innovation will be the key to ensuring that the momentum and manufacturing is sustained and that is where the symbiosis of innovation and manufacturing becomes crucial.
