INTIEAIndia · Strategic Interventions for Green Hydrogen Transtion (SIGHT) ProgrammePolicyIn force

Strategic Interventions for Green Hydrogen Transtion (SIGHT) Programme

The SIGHT programme earmarks more than USD 500 million to be distributed to electrolyser manufacturers at a rate starting at USD 50 per kW produced, and reducing over the 5 years of the contract. The system is intended to help overcome the high cost of capital and reward…

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Country / jurisdiction: India · Year: 2023 · Status: In force · Level: National · Type: Voluntary

The SIGHT programme earmarks more than USD 500 million to be distributed to electrolyser manufacturers at a rate starting at USD 50 per kW produced, and reducing over the 5 years of the contract. The system is intended to help overcome the high cost of capital and reward manufacturers of more efficient products and those whose output is sold into local markets. It is coupled with simplified procedures, lower taxation and other types of business support. The programme also has a component that rewards hydrogen production, and a portion of this was reserved in 2024 for processes that use biomass, a more immature technology.

Official source: https://mnre.gov.in/en/notice/scheme-guidelines-for-implementation-of-strategic-interventions-for-green-hydrogen-transtion-sight-programme-component-i-incentive-scheme-for-electrolyser-manufacturing-tranche-ii/

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https://www.iea.org/policies/27516

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