A consortium led by Gensol Engineering Limited and Matrix Gas & Renewables has been awarded a contract to develop India’s first green hydrogen-powered steel facility, with an estimated cost of ₹321 crore ($38.5 million) and significant support from the Government of India. The facility, part of the National Green Hydrogen Mission, will leverage direct reduced iron vertical shaft technology to convert iron ore into sponge iron using green hydrogen, thereby eliminating CO₂ emissions. The initiative, managed by Matrix Gas & Renewables, aims to set a benchmark for sustainable steel production, with a focus on promoting green practices in the industrial sector. The project's goal is to serve as a model for medium and small-scale steel producers in various regions of India, including Chhattisgarh and Odisha. Gensol Engineering brings its expertise in renewable energy and EPC services to the project, ensuring a holistic approach towards green hydrogen adoption in the steel industry. Overall, this pioneering endeavor reflects India's commitment to reducing carbon emissions and fostering eco-friendly technologies in the steel sector.