Gensol Engineering Wins Bid for India's First Bio-Hydrogen Project
Key Ideas
- Gensol Engineering, in collaboration with Matrix Gas & Renewables, wins the EPC bid for India's first Bio-Hydrogen project, converting 25 tons of bio-waste into 1 ton of hydrogen per day.
- The project, valued at Rs 164 crore, aligns with India's National Green Hydrogen Mission, aimed at biomass to green hydrogen generation, and is scheduled for completion within 18 months.
- The consortium strategically partners with Westinghouse, USA, known for patented technology, to develop the green hydrogen infrastructure using innovative pre-gasification plasma induced radiant energy-based gasification system.
- Gensol Engineering's chairman expresses pride in being the lowest bidder for the project, emphasizing the company's commitment to innovation, excellence, and environmental sustainability in the renewable energy sector.
Gensol Engineering has secured the contract as the lowest bidder for the Engineering, Procurement, and Construction (EPC) of India's pioneering Bio-Hydrogen project, in partnership with Matrix Gas & Renewables. This innovative project aims to convert 25 tons of bio-waste into 1 ton of hydrogen per day, representing a monumental step towards green energy in India. Valued at Rs 164 crore and set to be completed in 18 months, the project is in line with India's National Green Hydrogen Mission, focusing on transforming biomass into green hydrogen.
The collaboration with Westinghouse, USA, renowned for its patented technology, underscores the commitment to utilizing advanced methods like pre-gasification plasma induced radiant energy-based gasification system for establishing the green hydrogen infrastructure. Anmol Singh Jaggi, the chairman and managing director of Gensol Engineering, expressed great pride in securing the bid for this significant project, highlighting the company's dedication to innovation, excellence, and supporting India's energy transition. By converting bio-waste into hydrogen, the project not only contributes to environmental sustainability but also aligns with the nation's renewable energy goals.
Gensol Engineering, known for providing EPC and solar advisory services, has demonstrated remarkable growth, with a doubling of its consolidated net profit in the quarter ended June 2024. The company's commitment to quality, efficiency, and sustainable practices positions them as a key player in the renewable energy sector, both in India and globally. This project signifies a crucial step towards harnessing green hydrogen and promoting a greener, more sustainable future for India's energy landscape.
Topics
India
Renewable Energy
Innovation
Business Growth
Energy Transition
Green Technology
Sustainable Development
Biomass
EPC Services
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