PLI Schemes for Green Hydrogen production and Electrolyser manufacturing
Our speakers discussed the guideline(s) modalities in greater detail and also shared the essentials are important in order to increase your chances of selection and get better ROIs on your investments.
The recently announced guidelines on Production Linked Incentive (PLI) schemes for Green Hydrogen production and Electrolyser manufacturing provide the much needed clarity in this space and gives a glimpse of the government’s intent for developing a self-reliant GH ecosystem in the country over the course of next few years.
The PLI schemes provide a budgetary outlay of Rs. 13,050 crore for GH production and Rs. 4,440 crore for Electrolyser manufacturing. While the GH production PLI would prioritize those applicants that quote least amount of incentive under the scheme, the Electrolyser PLI would grant fixed incentives while emphasising on energy efficiency parameters and local value addition levels achieved by the applicants.
An optimal combination of various State incentive policies coupled with tax optimization models could help Companies in increasing their project ROIs significantly and can give a much needed competitive edge in this sector.
Speakers
- Saurabh Agarwal - Partner, Tax & Regulatory Services & Private Leader, EY India
- Srivatsa B Anchan - Partner, Energy Transition & Decarbonization Leader, EY India
- Kapil Bansal - Partner, Energy Transition & Decarbonization, EY India
- Mohit K Sharma - Senior Manager Tax & Regulatory Services, EY India
- Emil Thomas - Senior Manager, Energy Transition & Decarbonization, EY India
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