Gensol Engineering Wins Bid for India's First Bio-Hydrogen Project
Key Ideas
- Gensol Engineering has emerged as the lowest bidder to develop India's first bio-hydrogen project in collaboration with Matrix Gas & Renewables.
- The project aims to convert 25 tons of bio-waste into 1 ton of hydrogen per day, aligning with India's National Green Hydrogen Mission.
- Valued at Rs 164 crore, the project is expected to be completed within 18 months, signaling a significant milestone in green energy infrastructure development.
- Gensol and Matrix will work together to further initiatives in green hydrogen, Green Steel, and Green Ammonia, leveraging their expertise in the renewable energy sector.
Gensol Engineering, in partnership with Matrix Gas & Renewables, has secured the bid to develop India's inaugural bio-hydrogen project. The project, with an estimated value of Rs 164 crore, is slated to convert 25 tons of bio-waste into 1 ton of hydrogen daily. This endeavor marks a crucial step towards achieving the objectives set by India's National Green Hydrogen Mission, emphasizing the shift from biomass to green hydrogen generation. Anmol Singh Jaggi, the Chairman and Managing Director of Gensol Engineering Ltd, expressed pride in being awarded the bid and highlighted the companies' commitment to innovation and excellence in renewable energy. The collaboration between Gensol and Matrix, both led by common promoters, aims to explore opportunities in the Green Hydrogen sector and its related fields like Green Steel and Green Ammonia. By leveraging their collective expertise, the consortium is poised to bring about significant contributions to environmental sustainability and India's energy transition.
Topics
India
Green Hydrogen
Renewable Energy
Energy Transition
Green Energy
Environmental Sustainability
Infrastructure Development
EPC
Bio-waste
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