Reliance Green, L&T Energy, Waaree among winners in India's hydrogen energy projects

Reliance Green, L&T Energy, Waaree among winners in India's hydrogen energy projects

By: ICN Bureau

Last updated : March 31, 2025 10:33 am



The awarded annual production capacity is 4, 50,000 MT and the maximum allocated incentive is Rs. 2,238.59 crore


Solar Energy Corporation of India (SECI), an implementing agency of the National Green Hydrogen Mission, has announced the winners of its ambitious hydrogen energy projects. SECI issued letters of award (LoA) for setting up green hydrogen production facilities and availing the incentives offered under the programme.

The awarded annual production capacity is 4, 50,000 MT and the maximum allocated incentive is Rs. 2,238.59 crore.

While 14 companies had bid for the incentives, nine companies were selected as they emerged as the lowest bidders under Tranche II of Mode I. The companies which received the LoA include Reliance Green Hydrogen and Green Chemicals, L&T Energy Green Tech, Waaree Clean Energy Solutions, Oriana Power, Green Infra Renewable Energy Farms (Sembcorp), Suryadeep KA1 Project (Insolare), GH2 Solar, AM Green Ammonia (India) and Matrix Gas and Renewables. 

 

Successful Bidders after Envelope-2 Bid Opening dated 17.01.2025

LoAs to the Successful Bidders issued on 28.02.2025 and 17.03.2025

 

S. No.

 

Bidder's Name

 

Bucket

Year-wise Incentive quoted (Rs./kg of GH2)

AverageIncentive (Rs./kg of GH2)

Awarded Annual Production Capacity (MT)

Maximum Allocated Incentive (Rs. Crores)

Year 1

Year 2

Year 3

1

Oriana Power Limited

Bucket 1

0.01

0.01

0.01

0.01

10000

0.030

2

Suryadeep KA1 Project Private Limited

Bucket 1

1.00

11.00

12.00

8.00

19000

45.600

3

L&T Energy Green Tech Limited

Bucket 1

1.00

9.33

23.00

11.11

90000

299.970

4

GH2 Solar Private Limited

Bucket 1

5.00

15.00

24.90

14.97

10500

47.145

5

Green Infra Renewable Energy Farms Private Limited

Bucket 1

1.00

40.00

7.60

16.20

90000

437.400

6

Waaree Clean Energy Solutions Private Limited

Bucket 1

1.00

27.85

27.85

18.90

90000

510.300

7

AM Green Ammonia (India) Private Limited

Bucket 1

7.00

40.00

10.00

19.00

90000

513.000

8

Reliance Green Hydrogen and Green Chemicals Limited

Bucket 1

4.96

40.00

30.00

24.99

49000

367.304

9

Matrix Gas and Renewables Limited

Bucket 2

50.00

40.00

29.00

39.67

1500

17.850

Total

450000

2238.599

Successful Bidders selected based on Clause 35 of the RfS.

Reliance Green Hydrogen and Green Chemicals L&T Energy Green Tech Waaree Clean Energy Solutions Oriana Power Green Infra Renewable Energy Farms (Sembcorp) Suryadeep KA1 Project (Insolare) GH2 Solar AM Green Ammonia (India) Matrix Gas and Renewables Solar Energy Corporation of India

First Published : March 31, 2025 12:00 am