Gensol Engineering's recent success in securing the bid for India's first bio-hydrogen project has propelled the company's shares by 3%. The project, in collaboration with Matrix Gas & Renewables, aims to convert 25 tonnes of bio-waste into 1 tonne of hydrogen per day, aligning with India's National Green Hydrogen Mission. The project, valued at Rs 164 Crore, is set to be completed within 18 months, marking a significant milestone in the country's transition towards green hydrogen generation from biomass. The use of innovative technology, GH2-PREGS, highlights the consortium's commitment to innovation and efficiency in the renewable energy sector. Gensol Engineering's Chairman, Anmol Singh Jaggi, emphasized the company's dedication to addressing environmental challenges and contributing to the nation's energy transition through this project. The collaboration between Gensol and Matrix, both backed by common promoters, indicates a continued partnership in the Green Hydrogen sector, with plans to expand into Green Steel and Green Ammonia. Established in 2012, Gensol Engineering is a key player in the renewable energy sector, specializing in solar power EPC services and electric mobility solutions.