Govt plans Rs 17,000 crore incentive scheme for electrolysers, green hydrogen production

To promote the manufacturing of electrolysers and green hydrogen in the country, the government is planning over Rs 17,000 crore in incentives, Ministry of New and Renewable Energy (MNRE) Secretary Bhupinder Singh Bhalla said on Wednesday.

The draft of the incentive scheme for electrolyser manufacturing and a part of the incentive scheme for the production of green hydrogen have been finalised and will be rolled out soon. The Ministry is also working on provision of incentives for electrolyser manufacturing and for production of green hydrogen, Bhalla said.

“The total incentives being offered under the Hydrogen Mission are over Rs 17,000 crore until the year 2030,