Adani, Waaree, Matrix, And Ohmium Win SECI Auction For 1.5 GW Electrolyzer Manufacturing In India

Source:solarquarter

Representational image. Credit: Canva

Adani Enterprises, Waaree Energies, Matrix Gas and Renewables, Avaada, and Ohmium are among the winners of a major auction held by the Solar Energy Corporation of India (SECI) to establish 1.5 GW of electrolyzer manufacturing capacity across India. This initiative is part of the Ministry of New and Renewable Energy’s Tranche II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program. The auction, which took place in March, was divided into three distinct categories.

Bucket 2B focused on smaller units, requiring a capacity of 100 MW and the use of domestically developed stack technology. Adani Enterprises, Eastern Electrolyser, Newtrace, and Suryaashish KA1 Solar Park (InSolare) won in this category. Adani Enterprises, Eastern Electrolyser, and Newtrace each received 30 MW, while Suryaashish KA1 Solar Park was allocated 10 MW. The total bids for Bucket 2B amounted to 270 MW.

Bucket 2A required a 300 MW capacity and also mandated the use of indigenously developed stack technology. Adani Enterprises and Newage Green Electro were awarded 71.5 MW and 228 MW, respectively. The total bids for Bucket 2A were 511.5 MW.

Bucket 1 offered the largest portion, 1,100 MW, with no restrictions on stack technology. Winners included Waaree Energies, Matrix Gas and Renewables, Advait Infratech, Ohmium Operations, GH2 Solar, Newage Green Electro and Avaada Electrolyser. Waaree Energies won the largest share with 300 MW, followed by Matrix Gas and Renewables with 237 MW, Advait Infratech with 200 MW, and Ohmium Operations with 137 MW. GH2 Solar received 105 MW, while Newage Green Electro and Avaada Electrolyser were allocated 71.5 MW and 49.5 MW, respectively. The total bids for Bucket 1 were 1980.5 MW.

Electrolyzers must have a guaranteed life of at least 60,000 hours and maintain an end-of-life efficiency of no less than 80%. They should consume no more than 56 kWh/kg of hydrogen. Local value addition percentages for alkaline electrolyzers range from 40% to 80% over five years, while for other technologies, they range from 30% to 70%. The awarded manufacturing facilities have 30 months to complete their setup and will be eligible for quarterly incentives for five years from their commissioning date.

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