Context:
India has achieved a record-low Green Ammonia price of ₹55.75/kg in the first SECI auction under Mode-2A of the SIGHT Scheme, marking a milestone in India’s clean energy transition.
About SIGHT Scheme
What is it?
A key financial mechanism under the National Green Hydrogen Mission (NGHM) designed to:
- Scale up production and usage of green hydrogen and its derivatives.
- Reduce costs to make green hydrogen competitive with fossil fuels.
- Create domestic demand across sectors like fertilizer, shipping, steel, and refining.
Nodal Ministries
- Ministry of New & Renewable Energy (MNRE) – Lead implementing agency.
- Ministry of Petroleum & Natural Gas (MoPNG) – Supports demand creation and offtake.
Modes of Implementation
| Mode | Description |
|---|---|
| Mode 1 | Incentive awarded to lowest incentive seeker (reverse auction model). |
| Mode 2A | Fixed incentive for Green Ammonia procurement via demand aggregation. |
| Mode 2B | Fixed incentive for Green Hydrogen procurement via demand aggregation. |
Budgetary Outlay
- â‚ą17,490 crore out of â‚ą19,744 crore (total NGHM budget) allocated to SIGHT.
- Covers production incentives, infrastructure, and offtake support.
What is Green Ammonia?
- Green Ammonia is produced using Green Hydrogen, generated through electrolysis powered by renewable energy.
- It is crucial for:
- Fertilizer production
- Marine fuel (low-carbon shipping)
- Clean energy storage and chemicals manufacturing
