Electrolyser PLI companies seek to defer launch by a year
A majority of the eight companies selected in the first tranche of the production-linked incentive scheme for making electrolysers are likely to defer the commissioning of their units to 2027 against the 2026 deadline, people familiar with the matter said.
The reason: lack of demand. Electrolyser is a specialised equipment for producing green hydrogen and green ammonia. But its demand is yet to pick up due to slow progress of tenders for electrolyser-based projects. Green hydrogen is hydrogen gas produced by using clean energy for electrolysis.
