Current Date: 05 Nov, 2024

Advait Infratech Secures ₹200 Crore Green Hydrogen Mfg Contract

Advait Infratech Limited has won a significant contract worth ₹200 crore to establish manufacturing facilities for 200 MW of alkaline electrolysers in India. The contract, awarded by the Solar Energy Corporation of India Limited (SECI), is part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-II). This marks a crucial step in India's efforts to boost domestic production of green hydrogen technology.

The announcement, made on August 27, 2024, underscores Advait Infratech's pivotal role in advancing India's green energy goals. The company will develop facilities designed to produce alkaline electrolysers, essential for green hydrogen production, with a capacity of 200 MW. This project aligns with India’s broader strategy to achieve self-reliance in sustainable energy technologies and reduce its carbon footprint.

The SIGHT Scheme, under which this contract falls, aims to integrate green hydrogen into India’s energy mix, supporting the country’s transition to renewable energy sources. The initiative reflects the government's commitment to fostering innovation in green technology and ensuring that India becomes a leader in this emerging sector.

While the exact timeline for the project’s completion has not been disclosed, the contract represents a major milestone for Advait Infratech. It not only strengthens the company’s position in the renewable energy market but also contributes to the nation’s ambitious target of becoming a global hub for green hydrogen production.

Advait Infratech’s involvement in this project is expected to have a lasting impact on India's energy landscape, helping to drive the adoption of green hydrogen and supporting the country’s journey toward a more sustainable future.

News by Rahul Yelligetti 

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Source : Projxnews