Adani Enterprises, through its subsidiary, has successfully secured a contract from the Solar Energy Corporation of India (SECI) to construct an electrolyser manufacturing facility as part of the production-linked incentive (PLI) scheme for green hydrogen.
The company's subsidiary is tasked with establishing an annual capacity of 198.5 MW under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. The development of this facility is slated to be completed within a 30-month timeframe from the date of the order letter. Over the course of five years from the commissioning date, a maximum incentive of Rs 293.78 crore will be allocated.
Having invested over USD 2.5 billion, the Adani Group has created a backward integrated value chain for its green hydrogen project. This comprehensive approach encompasses the development of a value chain spanning solar, wind, electrolysers, and associated equipment for the production of green hydrogen and its sustainable derivatives.
The initial phase of the project, targeting an annual capacity of one MT, is set for implementation by FY27. Looking ahead, the company aims to scale up the capacity to three MT over the next decade, committing an investment of USD 50 billion. The green hydrogen plant is strategically located in Mundra, Gujarat.
News by Rahul Yelligetti