Top firms secure SECI contracts for green hydrogen

09 Jan 2024 CW Team

Bucket I, with a cumulative capacity of 410,000 MT/annum, saw Reliance, Greenko, and ACME securing 90,000 MT each, with average incentives of Rs 18.9 (~$0.227)/kg, Rs 30 (~$0.360)/kg, and Rs 30 (~$0.360)/kg, respectively. Hygenco clinched 75,000 MT capacity with an average incentive of Rs 25.04 (~$0.301)/kg. Additional winners under Bucket I included Welspun (20,000 MT at Rs 20 (~$0.240)/kg), Torrent Power (18,000 MT at Rs 28.89 (~$0.347)/kg), CESC Projects (10,500 MT), and UPL (10,000 MT with zero incentive).

JSW Neo Energy secured 6,500 MT under Bucket I at Rs 34.66 (~$0.416)/kg. All the allocated capacity fell under Bucket I.

Bharat Petroleum Corporation secured the sole capacity under Bucket II, winning 2,000 MT of green hydrogen manufacturing capacity at an average incentive of Rs 30 (~$0.360)/kg. The remaining 38,000 MT capacity in Bucket II remained unallocated.

The tender, issued in July under the Ministry of New and Renewable Energy?s Tranche-I of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program, pertained to green hydrogen and electrolyzer manufacturing. The selected bidders are expected to establish production facilities on a thousand metric tons (TMT) scale for green hydrogen and its derivatives, with a commissioning timeline of 30 months from the letter of award.

The average incentives were determined based on the three-year incentives proposed by the companies in their respective proposals. While the green hydrogen capacity allocations have been finalised, the electrolyzer bids are still undergoing evaluation and are anticipated to be disclosed later this month.

Reliance Green Hydrogen and Green Chemicals (Reliance), ACME Cleantech Solutions, Greenko ZeroC (Greenko), HHP Two (Hygenco), and Bharat Petroleum Corporation emerged victorious in the Solar Energy Corporation of India?s (SECI) tender for the establishment of green hydrogen production facilities, with a total annual capacity of 450,000 metric tons (MT). The tender, initiated in July, encompassed two categories: Technology Agnostic Pathways (Bucket I) and Biomass-based Pathways (Bucket II). Bucket I, with a cumulative capacity of 410,000 MT/annum, saw Reliance, Greenko, and ACME securing 90,000 MT each, with average incentives of Rs 18.9 (~$0.227)/kg, Rs 30 (~$0.360)/kg, and Rs 30 (~$0.360)/kg, respectively. Hygenco clinched 75,000 MT capacity with an average incentive of Rs 25.04 (~$0.301)/kg. Additional winners under Bucket I included Welspun (20,000 MT at Rs 20 (~$0.240)/kg), Torrent Power (18,000 MT at Rs 28.89 (~$0.347)/kg), CESC Projects (10,500 MT), and UPL (10,000 MT with zero incentive). JSW Neo Energy secured 6,500 MT under Bucket I at Rs 34.66 (~$0.416)/kg. All the allocated capacity fell under Bucket I. Bharat Petroleum Corporation secured the sole capacity under Bucket II, winning 2,000 MT of green hydrogen manufacturing capacity at an average incentive of Rs 30 (~$0.360)/kg. The remaining 38,000 MT capacity in Bucket II remained unallocated. The tender, issued in July under the Ministry of New and Renewable Energy?s Tranche-I of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program, pertained to green hydrogen and electrolyzer manufacturing. The selected bidders are expected to establish production facilities on a thousand metric tons (TMT) scale for green hydrogen and its derivatives, with a commissioning timeline of 30 months from the letter of award. The average incentives were determined based on the three-year incentives proposed by the companies in their respective proposals. While the green hydrogen capacity allocations have been finalised, the electrolyzer bids are still undergoing evaluation and are anticipated to be disclosed later this month.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..