As many as 21 companies including Reliance Industries, Adani Group, Jindal India, Larsen and Toubro, and Bharat Heavy Electricals, have submitted bids seeking incentives for the production of electrolysers.

The bids were submitted in response to the Government of India’s Request for Selection (RfS) for green hydrogen and electrolyser for National Green Hydrogen Mission.

Additionally, a total of 14 major companies, including Reliance Industries, JSW Energy, Torrent Power, and Bharat Petroleum Corp, have participated in the bidding for incentives under India's green hydrogen initiative.

The initiative is part of a US$ 2 billion program launched in July to stimulate green hydrogen production and electrolyser manufacturing.

Bids for producing 0.55 million metric tons of green hydrogen have surpassed the targeted 0.45 million tons.

Key players in this segment include Acme Cleantech, Sembcorp Green Hydrogen, CESC, Greenko ZeroC and Avaada GreenH2.