Electrolyser PLI to boost green hydrogen output
POWER & RENEWABLE ENERGY

Electrolyser PLI to boost green hydrogen output

India has made plans for the introduction of a production-linked incentive (PLI) scheme for the encouragement of manufacturing electrolysers utilised to extract hydrogen from water.

The ministry of power and the policy think tank of the government, NITI Aayog, are currently working on the specifics of the PLI scheme, which is expected to be launched by September. The PLI scheme will likely run for up to five years.

A favorable policy for encouraging the manufacturing of electrolysers is important for India to decrease the cost of green hydrogen. The richest billionaires in the country, Mukesh Ambani and Gautam Adani have announced their mega plans to transform India into a green hydrogen hub.

State-run Indian Oil Corporation Limited, which is the largest oil refiner in the country, had earlier agreed to partner with ReNew Power, a clean energy producer, and Larsen and Toubro Limited to produce green hydrogen.

Power minister R.K. Singh frequently refers to the Indian government’s plan to increase domestic manufacturing of electrolysers. The government aims to make the country a hub for green hydrogen which is produced by splitting water into hydrogen and oxygen in an electrolyser with the help of power from renewable sources.

The first part of the new green hydrogen policy was unveiled by the power ministry this February. It promises several things including cheaper renewable power.

Image Source

India has made plans for the introduction of a production-linked incentive (PLI) scheme for the encouragement of manufacturing electrolysers utilised to extract hydrogen from water. The ministry of power and the policy think tank of the government, NITI Aayog, are currently working on the specifics of the PLI scheme, which is expected to be launched by September. The PLI scheme will likely run for up to five years. A favorable policy for encouraging the manufacturing of electrolysers is important for India to decrease the cost of green hydrogen. The richest billionaires in the country, Mukesh Ambani and Gautam Adani have announced their mega plans to transform India into a green hydrogen hub. State-run Indian Oil Corporation Limited, which is the largest oil refiner in the country, had earlier agreed to partner with ReNew Power, a clean energy producer, and Larsen and Toubro Limited to produce green hydrogen. Power minister R.K. Singh frequently refers to the Indian government’s plan to increase domestic manufacturing of electrolysers. The government aims to make the country a hub for green hydrogen which is produced by splitting water into hydrogen and oxygen in an electrolyser with the help of power from renewable sources. The first part of the new green hydrogen policy was unveiled by the power ministry this February. It promises several things including cheaper renewable power. Image Source

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000