Gensol Engineering Limited, in partnership with Matrix Gas & Renewables Ltd., has emerged victorious in securing a 237 MW bid to establish an electrolyser manufacturing plant in New Delhi, India. This significant achievement under the Production Linked Incentive (PLI) scheme administered by the Ministry of New and Renewable Energy (MNRE) marks a total secured capacity of 300 MW for the Gensol-Matrix consortium. The PLI incentive now amounts to Rs 450 crore, furthering India's ambition to generate 5 million metric tons of green hydrogen annually by 2030. Electrolysers play a crucial role in green hydrogen production, aligning with the country's National Green Hydrogen Mission. Anmol Jaggi, Managing Director of Gensol Engineering Ltd., expressed pride in their technical prowess and dedication, while Chirag Kotecha, Whole-time Director of Matrix Gas and Renewables Ltd., emphasized their technological expertise and experience in securing the PLI bid. Both companies, with common stakeholders, are committed to collaborating in the green hydrogen sector to support India's decarbonization objectives. This successful bid, awarded through a competitive tender by the Solar Energy Corporation of India (SECI), reflects the companies' positioning in advancing green hydrogen technology and contributing to a sustainable future.