Adani New Industries Limited, a wholly owned subsidiary of Adani Enterprises Limited, has received Letter of Award(LoA) from Solar Energy Corporation of India (SECI) for setting up manufacturing capacity for Electrolysers in India under Strategic Interventions for Green Hydrogen Transition Scheme (Tranche-I).

The project is to set up electrolysers manufacturing capacity of 198.5 MW/annum in India under Strategic Interventions for Green Hydrogen Transition Scheme (Tranche-I) - Production Linked Incentive Scheme for Electrolyser Manufacturing, with-in a period of 30 month from the date of Letter of Award (LoA).

To set up Alkaline electrolysers facility under bucket-II (Indigenous technology), maximum incentive to be allocated over the period of 5 years from scheduled commissioning date is Rs.293.78 crores.