Gensol Engineering Ltd, a leading player in the renewable energy sector, has teamed up with Matrix Gas & Renewables to establish India's first and largest Green Steel production facility. This groundbreaking initiative will rely entirely on Green Hydrogen, aligning with national missions for sustainable steel production. The project, supported by a total capital expenditure of Rs 321 crore and 50% capex incentives from the Government of India, represents a significant advancement in clean iron production. By utilizing direct reduced iron (DRI) vertical shaft technology powered by green hydrogen, the facility aims to eliminate CO2 emissions that are typically generated by traditional fossil fuel-dependent processes. This approach not only supports sustainable development but also showcases a path to reduce carbon footprints in the steel industry. The project will have a capacity of 50 tons per day and involves collaboration from various organizations like Gensol Engineering Ltd, Matrix Gas & Renewables Ltd, Indian Institute of Technology Bhubaneswar, and Metsol AB. Through this partnership, the consortium aims to pioneer a new era of sustainable steel production in India, promoting green energy solutions and enhancing industrial capabilities.