Electrolyser subsidy – what’s the point?

12 July 2023 | BRIDGE TO INDIA

Market Outlook Solar

Electrolyser subsidy – what’s the point?

/ by BRIDGE TO INDIA

MNRE has issued details of an INR 44 billion (USD 537 million) subsidy scheme for domestic electrolyser manufacturing. The scheme will be operational from FY 2026 to FY 2030. In the first tranche, 50% of subsidy funds shall be allocated to a manufacturing capacity of 1.5 GW. Domestically produced electrolysers shall receive a fixed subsidy based on year of production…

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