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Government To Invite First Bid For Electroyser, Green Hydrogen Production Capacity By June
As the pace of the energy transition picks up and the government looks at alternative sources of green energy to meet its emission targets, the Ministry of New and Renewable Energy plans to issue the first tender for electrolyser manufacturing and green hydrogen production capacity by next month.
"We are in mission mode and want to hit the ground running. We do not want to delay the process," Bhupinder Singh Bhalla, secretary of MNRE, told BQ Prime.
MNRE plans to set up five million metric tonne of hydrogen production capacity by 2030, Bhalla said. The ministry has approval to provide incentives worth Rs 17,500 crore to the manufacturers as well as the producers together.
"In tranche one, we can fund about three gigawatts per year of electrolyser manufacturing capacity and three million metric tonne of production capacity," Bhalla said. "We will provide the incentives for five years; that would mean we will fund 15 gigawatts of electrolyser manufacturing capacity in total."
The need for incentives will arise after three years, when the companies start manufacturing. It takes around three years to set up the electrolyser manufacturing capacity, and the production will start henceforth, Bhalla said.
Tender For 4GW Offshore Wind Capacity
As issues of right-of-way and land constraints crop up, stifling the wind capacity additions. The government will invite bids for four gigawatts of offshore capacity by July, which will help add to the total renewable capacity and meet the 2030 target.
The investments in offshore wind capacity are slightly higher given the seabed terrain, but the turbines are large, around 15 gigawatts, which provide a high plant load factor compared with onshore wind turbines, according to Dinesh Jagdale, joint secretary, MNRE. Plus, wind speed is not a constraint.
"The per megawatt cost for setting up offshore capacity is around Rs 20 crore, which is more than three times that of onshore wind turbines. But the cost is expected to come down just as solar module costs came down in the last decade," Jagdale said.
The ministry is also reviewing the concerns of Indian wind turbine players about creating a level playing field in the market, as it was expected to be skewed in favour of experienced European players, Jagdale said.
Some shares view
In electrolysis, an electric current splits water into hydrogen and oxygen
-GAIL commenced a unique project in India to mix hydrogen into the natural gas system
-Cummins India - Cummins Inc. has recently formed a joint venture with NPROXX, a leader in hydrogen storage and transportation for hydrogen storage tanks
-John Cockerill – John Cockerill Hydrogen offers a full range of pressurised alkaline electrolysers as well as pressurised and gas treatment equipment.
-Siemens - John Cockerill Hydrogen offers a full range of pressurised alkaline electrolysers as well as pressurised and gas treatment equipment.
-L&T - L&T's huge commitment towards the green energy sector is proof it is leading the race in India. In January 2022, the company signed a pact with Norway-based HydrogenPro AS to set up a manufacturing unit in India. The aim is to tap opportunities in the green hydrogen space.
-Reliance - Reliance has partnered Danish company Stiesdal A/S to develop and manufacture hydrogen electrolysers.
-Thermax - In March 2023, Thermax partnered Australia-based green energy and technology company Fortescue Future Industries (FFI) to explore green hydrogen projects in India
-NTPC - NTPC plans to produce green hydrogen on a commercial scale.
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