Green Hydrogen Transition (SIGHT) Programme:
Rs 17,490 crore has been set aside for the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme, to bolster domestic electrolyser manufacturing, green hydrogen production.
- Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme is a subcomponent of National Green Hydrogen Mission.
- Aim is to bolster domestic electrolyser manufacturing and green hydrogen production.
- In the initial stage, two distinct financial incentive mechanisms were proposed with an outlay of ₹ 17,490 crore up to 2029-30:
- Incentive for manufacturing of electrolysers
- Incentive for production of green hydrogen.
- Depending on the markets and technology development, specific incentive schemes and programmes will continue to evolve as the Mission progresses.
- The Solar Energy Corporation of India (SECI) would be the implementing agency responsible for the scheme’s execution.
- National Green Hydrogen Mission is implemented by the Ministry of New and Renewable Energy with an outlay of ₹ 19,744 crore from FY 2023–24 to FY 2029–30.