Nodal agency

SECI

Incentive period

First 5 years of production

Technology breakup

1. Indigenous technology: 300 MW
2. Other technologies: 1,200 MW

Eligibility

1. Minimum net worth: INR 10 million/ MW
2. Minimum guaranteed sale of 50% annual production
3. Minimum guaranteed electrolyser life of 60,000 hours

4. Minimum local value addition (LVA)

Year

Alkaline electrolysers

Other technologies

1

40%

30%

2

50%

40%

3

60%

50%

4

70%

60%

5

80%

70%

Fixed subsidy rate, INR/ kW of production

Year 1

4,440

Year 2

3,700

Year 3

2,960

Year 4

2,220

Year 5

1,480

Selection criteria

Competitive bidding based on sum of product of year-wise LVA factor and performance quotient quoted over 5-year period

LVA factor

LVA

Alkaline electrolyser

Other technologies

<30%

0

0

30-40%

0.4

40-50%

0.4

0.5

50-60%

0.5

0.6

60-70%

0.6

0.7

70-80%

0.7

0.8

80-90%

0.8

1

>90%

1

Performance quotient

Energy consumption, kWh/ kg

Performance factor

< 46

1.20

46-47

1.16

47-48

1.12

48-49

1.08

49-50

1.04

50-51

1.00

51-52

0.96

52-53

0.92

53-54

0.88

54-55

0.84

55-56

0.80

> 56

0.00