Green Hydrogen under SIGHT: MNRE issues guidelines

15 Jul 2024 CW Team

The Ministry of New and Renewable Energy (MNRE) notified the Scheme Guidelines for implementation of the "Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme ? Component II: Incentive Scheme for Green Hydrogen Production (under Mode 1)- Tranche-II" on 3rd July 2024. According to these guidelines, Tranche-II is set to have a capacity of 450,000 tonnes per annum (TPA) of Green Hydrogen, with 40,000 TPA allocated for biomass-based pathways (bucket-II) and the remainder for technology agnostic pathways (bucket-I). Solar Energy Corporation of India (SECI) has been designated as the implementing agency for this tranche as well, and SECI will soon issue the Request for Selection (RfS). The bidding process will revolve around the least average incentive quoted by the bidder. Under bucket-I, bidders can bid a minimum of 10,000 TPA and a maximum of 90,000 TPA. In bucket-II, the minimum bid capacity is 500 TPA, and the maximum is 4,000 TPA. Bidders have the option to participate in either or both buckets, with a maximum allocation of 90,000 TPA per bidder for this tranche. The National Green Hydrogen Mission, launched on 4th January 2023, with an outlay of Rs. 19,744 crores up to FY 2029-30, aims to contribute to India?s goal of achieving self-reliance through clean energy and to serve as a model for the global Clean Energy Transition. The mission is expected to significantly reduce the carbon footprint of the economy, decrease reliance on fossil fuel imports, and position India as a leader in Green Hydrogen technology and market.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..