Waaree Clean Energy Solutions Private Limited, a wholly-owned subsidiary of Waaree Energies Ltd, has been awarded a significant contract under the Solar Energy Corporation of India Limited’s (SECI) SIGHT Scheme. The Notification of Award (NOA), received on January 30, 2025, highlights the development of a production facility with a capacity of 90,000 MT per annum for green hydrogen in India.
The project is part of the Strategic Interventions for Green Hydrogen Transitions (SIGHT) Scheme, Model-1, Tranche-II, reinforcing Waaree Energies’ commitment to advancing India’s renewable energy targets.
The news comes as India aims to position itself as a global leader in green hydrogen production, with significant investments and government-backed initiatives. This contract solidifies Waaree Energies’ role in supporting this mission, driving sustainable energy development and technological innovation.
The company has assured that all relevant updates will be available on their website, indicating transparency and continued engagement with stakeholders as the project progresses.
Disclaimer: The information provided is for informational purposes only and should not be considered investment advice. Please consult financial experts before making any investment decisions.