Reliance Industries Ltd. and Adani Enterprises Ltd. had been among the many 21 bidders for the Indian authorities’s grants to domestically manufacture electrolyzers, a part of Prime Minister Narendra Modi’s efforts to spur the vitality transition.

The two firms, run by billionaires Mukesh Ambani and Gautam Adani, had been amongst companies bidding for the production-linked grants, in keeping with a list printed by Solar Energy Corp. of India, or Seci, which carried out the method. Adani bid for a most 600 megawatts of electrolyzer capability, half which is to be constructed with native know-how, the listing exhibits.