India launches second green hydrogen subsidy round: targets 450,000 tonnes per year

India has released guidelines for the second round of its clean hydrogen production funding scheme, offering subsidies to a total of 450,000 tonnes of hydrogen per year.

Tranche-II of the country’s Incentive Scheme for Green Hydrogen Production will offer producers a three-year incentive with caps set at $0.61/kg in the first year, $0.49/kg in the second and $0.37/kg in the third.

The programme’s auction will offer funding in under two “buckets”: technology agnostic pathways for 410,000 tonnes per year (tpy), and biomass-based pathways for 40,000 tpy.

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