Gensol Engineering Ltd experienced a 3% surge in shares following the announcement that the company emerged as the lowest bidder for India's first bio-hydrogen project. In partnership with Matrix Gas & Renewables, the project aims to convert 25 tonnes of bio-waste into 1 tonne of hydrogen daily. Valued at Rs 164 crore, the project aligns with India's National Green Hydrogen Mission and is set to be completed in 18 months. The project scope involves constructing a facility to process bio-waste and produce green hydrogen using advanced technology. Anmol Singh Jaggi, the Chairman and Managing Director of Gensol Engineering, expressed the commitment to innovation within the renewable energy sector. By addressing environmental challenges through bio-waste conversion, the project contributes significantly to India's energy transition. Gensol and Matrix, under the same promoters, plan to extend their collaboration beyond Green Hydrogen into Green Steel and Green Ammonia sectors. The shares of Gensol Engineering were trading higher on the NSE, reflecting positive market sentiment towards the company's involvement in sustainable energy projects.