The Maharashtra Government has released a comprehensive Green Hydrogen Policy which will be valid up to March 31, 2030. The policy proposes a slew of incentives. Highlights of Maharashtra Green Hydrogen Policy Policy valid up to 31.03.2030 The benefits/concessions will be applicable to the renewable energy projects in the state which are fully connected with the GH2 projects and implemented during the implementation period of the policy.
However, these benefits and concessions shall remain limited till the completion of projects in the State of 500 kilotons of hydrogen production capacity. A 30 percent capital cost subsidy will be admissible for hydrogen and similar production projects in the first 3 anchor units in the state and 100 percent related renewable energy projects. The said discount/benefit will be provided through the overall incentive scheme of the Industry Division after the commercial production of the project starts.
50 percent concession in transmission charges and wheeling charges for 20 years will be given to the first 3 anchor units to be constructed in the State. Eligibility to enjoy other incentives and concessions for the first 3 anchor units:- a) A Hundred percent investment in GH2 and similar production projects and related renewable energy projects must be owned by a single investor. b) It is mandatory to use 100% of the electricity generated from captive renewable energy plants in hydrogen and similar production plants.
Waiver of 50% in applicable Transmission and wheeling charges for 10 years if one technology of RE source is used whereas same is 60% if Hybrid RE source is used. Cross Subsidy surcharge and Additional surcharge are exempted subject to approval by MERC. 100% Electricity Duty exempted for 10 years. Rs 50/kg grant by the State Government for 5 years if GH2 is blended with CNG or PNG during this Policy Period.
Power Banking facility and Banking Charges as applicable under MERC Regulations. In addition to the benefits under this Policy, the āPackage of Scheme of Incentivesā announced for industries in the State of Maharashtra will also be applicable for GH2 and its derivatives. During the policy period, 30 percent capital expenditure subsidy (CAPEX Subsidy) will be given to the first 500 hydrogen-based fuel-cell passenger vehicles in the transport activities of the During the implementation period of the policy, the projects of transportation of hydrogen through pipelines implemented in the state will be allocated Rs. 2.5 crore per km with a maximum of 10km and 30% of capex per project.
Any applicable non-agricultural tax is exempted for GH2 projects and the same is extended also to RE Generators supplying to such GH2 Projects. 100% Stamp Duty exemption for any GH2 and associated projects (such as storage & transportation of GH2 etc.). The revenue department will decide on this in the next 30 days. Water to GH2 projects will be made available at reasonable rates. The Water Resources Department will decide on this in the next 30 days.
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