(THE GIST OF PIB) Strategic Interventions for Green Hydrogen Transition (SIGHT)

(THE GIST OF PIB) Strategic Interventions for Green Hydrogen Transition (SIGHT)

(JUNE-2024)

Strategic Interventions for Green Hydrogen Transition (SIGHT)

• Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) for Selection of Green Ammonia Producers for the production of Green Ammonia in India through cost based competitive bidding under Mode 2A of Strategic Interventions for Green Hydrogen Transition (SIGHT) programme.

About SIGHT

• It is a subcomponent of the National Green Hydrogen Mission (under Ministry of New & Renewable Energy (MNRE), aimed at bolstering domestic electrolyser manufacturing and green hydrogen production.

• Financial commitment: The programme has an outlay of ₹ 17,490 crore until 2029-30.

• Dual incentive mechanisms: Incentive for Electrolyser Manufacturing

• Implementation: The Solar Energy Corporation of India (SECI) is responsible for executing the scheme.

National Green Hydrogen Mission

• It was launched on 4th January 2023 with an outlay of Rs. 19,744 crores up to FY 2029-30.

• It will contribute to India’s goal to become Aatmanirbhar (self-reliant) through clean energy and serve as an inspiration for the global clean energy transition.

• The Mission will lead to significant decarbonization of the economy, reduced dependence on fossil fuel imports, and enable India to assume technology and market leadership in Green Hydrogen.

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Courtesy: PIB