23 Companies, Including Adani Group, Placed Bids For Tranche-II Of Electrolyser Production
                     23 Companies, 
Including Adani 
Group, Placed 
Bids For 
Tranche-II Of 
Electrolyser 
Production
Adani Enterprises Limited, Bharat Heavy 
Electrical Limited, Waree Engines Ltd, Avaada 
Electrolyzer Private Limited, and Thermax Ltd 
are among the top 23 companies who have 
submitted the bid for incentives to 
manufacture electrolysers under the second 
tranche of the Strategic Interventions for Green 
Hydrogen Transition (SIGHT) Scheme. This is an 
excellent initiative taken up by the companies 
to increase green hydrogen production. It will 
help our country in transitioning to a cleaner 
fuel alternative in the upcoming years. The 
controversies surrounding the Adani scam will 
subside.
The SIGHT Scheme
The SIGHT scheme is a financial 
measure under the National Green 
Hydrogen Mission. This scheme allows 
companies to manufacture 
electrolysers to give their green 
hydrogen production an excellent 
boost. It has an outlay of INR 17,490 
crore for both the domestic 
manufacturing of electrolysers and 
the production of green hydrogen. The 
total outlay for the two tranches of 
electrolyser capacities under the 
SIGHT scheme is INR 4,440 crore. The 
total bids received were for 2,847 MW. 
The Bidding Process
The entire bidding process for the 
project took place in an elaborate 
manner. The tender was passed 
through a bucket-filling approach. 
Under this process, the bidder with 
points based on the lowest specific 
energy capacity and highest local 
value addition was awarded financial 
support against its quoted capacity. 
This was followed by the next lowest 
and so on until the entire tender 
capacity was exhausted. 
The Bids Placed
Adani Enterprises bid for incentives 
against 101.5 MW capacity. The bid was 
placed under the any stack technology and 
indigenously developed stack technology 
categories. It also bid for 30 MW in the 
category of indigenously developed stack 
technology for smaller units. This is the 
maximum bid allowed for that specific 
category. Avaada Electrolyser bid for 300 
MW. This is the maximum bid allowed 
under the any stack technology category. 
BHEL also bid under the smaller units 
category for 10 MW. 
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