A majority of the eight companies selected in the first tranche of the production-linked incentive scheme for making electrolysers are likely to defer the commissioning of their units to 2027 against the 2026 deadline, people familiar with the matter said.
The reason: lack of demand. Electrolyser is a specialised equipment for producing green hydrogen and green ammonia. But its demand is yet to pick up due to slow progress of tenders for electrolyser-based projects. Green hydrogen is hydrogen gas produced by using clean energy for electrolysis.
Ministry aware of situation It is essential for decarbonising industries.
“We have planned to be ready by the PLI-mandated timelines. However, based on recent tenders for electrolyser-based green ammonia projects, the demand for electrolysers would be in 2027. Therefore, to avoid idle assets, we are working to align readiness with the demand of electrolysers,” said Vivek Bhide, regional president (India) at John Cockerill, which has tied up with AM Green (formerly Greenko) to set up a 2 GW electrolyser facility in Kakinada, Andhra Pradesh.
