SECI: Component 1 Tranche 1 Results

SECI received bids for 2,842 MW capacity in Bucket 1 (Any technology stack) and 486.5 MW in Bucket 2 (Indegenous technology stack). The results are tabulated below:

It is interesting to see that majority players are Indian conglomerates and startups with John Cockerill being the only global player with any past experience of manufacturing electrolysers. While this shows the exuberance and belief of Indian conglomerates in Green Hydrogen, the technology aspect will need to be monitored and seen.