Gensol Engineering Ltd., a small-cap company specializing in solar consulting and EPC services, experienced a notable stock price increase of 3.19% after securing a Rs.164 crore contract to develop India's pioneering bio-hydrogen project. In collaboration with Matrix Gas and Renewables Limited, the project aims to convert 25 tons of bio-waste into 1 ton of hydrogen daily over an 18-month period. The partnership with Westinghouse, USA, will implement GH2-PREGS technology for this transformation, aligning with India's National Green Hydrogen Mission. The Chairman of Gensol Engineering expressed pride in being the lowest bidder for this significant project, emphasizing the company's dedication to innovation in renewable energy. The venture not only addresses environmental challenges but also contributes to India's energy transition. This achievement marks a key milestone in the renewable energy sector and emphasizes the company's commitment to excellence. Financially, Gensol Engineering has shown remarkable growth, with Q1 FY25 revenue reaching Rs.295 crore, a 103% increase from the previous year. Additionally, the Profit After Tax (PAT) surged by 50%. The company's total order book, encompassing solar projects, battery energy storage systems, and electric vehicle leasing, stands at an impressive Rs.5,025 crore as of June 2024. Gensol Engineering operates in various segments, with solar EPC being the primary revenue contributor, followed by EV Leasing. The company's foray into bio-hydrogen production showcases its commitment to exploring sustainable energy solutions and contributing to India's green energy initiatives.