Shares of Gensol Engineering witnessed a surge of up to 3.19% as the company emerged as the lowest bidder for the engineering, procurement, and construction (EPC) of India's first biomass to green hydrogen project, valued at Rs 164 crore. The project, aimed at developing a 25 tonnes per day (TPD) Bio-waste processing facility and producing 1 TPD Green Hydrogen Infrastructure, will utilize the innovative GH2-PREGS technology. This initiative aligns with India's National Green Hydrogen Mission, emphasizing the country's commitment to renewable energy sources. Gensol Engineering's chairman mentioned the company's dedication to innovation and excellence within the renewable energy sector, emphasizing the environmental benefits and significant contribution to the nation's energy transition. The project, to be completed in 18 months, signifies a strategic partnership with Westinghouse, USA, known for its patented technology in multiple global projects. The market capitalization of Gensol Engineering stands at Rs 3,565.73 crore, reflecting investor confidence in the company's initiatives. The positive sentiment surrounding the project is highlighted by the commitment to quality, precision, and efficiency in execution, aiming to set a model for future green hydrogen initiatives in India.