electrolyser manufacturing under the production-linked incentive (PLI) scheme, have conveyed to the government that they will be able to commission their units by next year, ahead of the 2026 deadline, said people aware of the development.
This will be a boost to India's green ambitions as electrolysers are essential for green hydrogen production.
John Cockerill Greenko Hydrogen, L&T Electrolysers, Reliance Electrolyser Manufacturing and Adani New Industries see their manufacturing units ready by 2025.
«Most of the allottees will be able to commission their facilities much ahead of the deadline and have conveyed this to the government,» said a senior government official. Jindal India, Ohmium Operations, Advait Infratech and homiHydrogen are others that won bids.
Companies mentioned above didn't respond to queries.
Electrolysers split water into oxygen and hydrogen using electricity — a process known as electrolysis. Green hydrogen is a gas made by electrolysers using power from renewable energy sources and is essential for decarbonising industries.
Currently, India is reliant on the global market to source electrolysers for its green hydrogen projects. To counter this, as well as reduce the cost of green hydrogen production, the Solar Energy Corporation of India, in July 2023, issued a request for selection of electrolyser manufacturers to set up 1.5 gigawatts (GW) of capacity.
Prior Tie-ups
Industry players said the current price of an electrolyser in the global market is $600 (Rs 50,000) per kilowatt (kW).