Gensol Engineering Ltd. announced that they have secured a project to establish India's first Green Hydrogen Valley in Pune, in partnership with Matrix Gas & Renewables. The project aims to supply green hydrogen to the speciality chemical sector over a 20-year period. The companies were selected as the top bidders in a competitive tender and will focus on promoting India's Green Hydrogen economy. The National Chemicals Laboratories (NCL) in Pune will support the initiative, allowing for the development of green hydrogen generation concepts and research facilities. Gensol and Matrix, sharing common promoters, plan to collaborate on various green hydrogen derivatives like Green Steel and Green Ammonia. The companies aim to contribute to a sustainable energy ecosystem. Gensol Engineering's stock price was trading higher following this announcement on the National Stock Exchange (NSE).