Deals20 Jan 2025, 05:43 pm
Advait Infratech Secures LOA for 200 MW Alkaline Electrolysers Manufacturing from SECI
AI Summary
Advait Infratech Ltd. has received a Letter of Award (LOA) from Solar Energy Corporation of India Limited (SECI) for the Product Linked Incentive (PLI) scheme under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche - II). The company will set up a manufacturing facility for 200 MW of Alkaline Electrolysers in India, which will be eligible for incentives over a period of 5 years. This development aligns with the company's focus on green hydrogen transition and reinforces its commitment to sustainable energy solutions.
Key Highlights
- Advait Infratech Ltd. has received a Letter of Award (LOA) from Solar Energy Corporation of India Limited (SECI) for the Product Linked Incentive (PLI) scheme under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche - II).
- The company will set up a manufacturing facility for 200 MW of Alkaline Electrolysers in India.
- The project is eligible for incentives over a period of 5 years.
- This development aligns with the company's focus on green hydrogen transition.
- It reinforces the company's commitment to sustainable energy solutions.