Gensol Engineering Ltd. saw a 2% increase in shares after announcing plans to create India's first green hydrogen valley in Pune. The partnership with Matrix Gas & Renewables will involve establishing a green hydrogen production plant to supply the specialty chemicals sector. This initiative, facilitated by the National Chemical Laboratories, aims to promote green hydrogen applications and research. Gensol's MD, Anmol Singh Jaggi, emphasized the project's significance in advancing India's green hydrogen economy. Both companies, with shared promoters, will also collaborate on green steel and green ammonia derivatives. The project signifies a key step towards sustainability and economic growth in the region, showcasing a positive outlook on green hydrogen adoption and innovation.