Gensol Engineering, a Small-Cap company known for its expertise in solar consulting, EPC, and electric mobility solutions, has formed a consortium with Matrix Gas & Renewables, a green hydrogen infrastructure developer. Together, they successfully secured a bid for a 237 MW annual capacity electrolyser manufacturing plant under India's Production Linked Incentive (PLI) scheme. This achievement, facilitated by the Solar Energy Corporation of India (SECI), is part of a larger initiative to promote green energy in the country. The project, backed by Rs 450 crore through the PLI scheme, aligns with India's National Green Hydrogen Mission, aiming to boost the production of green hydrogen to 5 million metric tons annually by 2030. As electrolysers are essential for green hydrogen production, this endeavor marks a significant milestone in advancing India's green energy objectives. The company's stock performance has been outstanding, with over 5000% returns in the past 3 years, reflecting investor confidence in its strategic moves. In the latest quarter, Gensol Engineering reported notable revenue growth, reaching Rs 295 crore, and a commendable operating profit of Rs 88 crore. The company's financial trajectory seems promising, with a focus on sustainable energy solutions and a strong market presence. Overall, Gensol-Matrix's success in securing the bid for the electrolyser manufacturing plant underscores its commitment to driving innovation in the renewable energy sector and contributing to India's transition towards a greener future.