Gensol Engineering Limited has recently completed the acquisition of a 99.99% equity stake in Gridstor Energy Private Limited, solidifying its position as the sole owner of the company. With this strategic move, Gensol aims to expand its operations in the generation, development, and distribution of power and electrical energy using renewable sources like wind, solar, and battery storage. Additionally, Gensol Engineering has partnered with Matrix Gas & Renewables to secure the bid for India's first bio-hydrogen project. This initiative will involve converting 25 tons of bio-waste into 1 ton of hydrogen daily, with a project value of Rs 164 crore. The project is set to be completed within 18 months and reflects a significant step towards the National Green Hydrogen Mission, focusing on the conversion of biomass into green hydrogen for sustainable energy generation.