Gensol Engineering, in collaboration with Matrix Gas & Renewables, has successfully secured a bid for a 237 MW capacity under the Production Linked Incentive (PLI) scheme in India. This win, through a competitive tender by Solar Energy Corporation of India (SECI), is part of setting up an electrolyser manufacturing plant. The consortium, including Gensol and Matrix, has also acquired an additional 63 MW capacity in a prior tender, bringing the total to 300 MW and a cumulative incentive of Rs. 450 Crore under the PLI scheme. The initiative, under the Ministry of New and Renewable Energy (MNRE)'s National Green Hydrogen Mission, highlights the crucial role of electrolyser production in the green hydrogen sector. This project is seen as a significant step towards achieving India's ambitious target of producing 5 million metric tons of green hydrogen annually by 2030. The development marks a key advancement in India's renewable energy landscape, showcasing the growing focus on green technology and government support for such initiatives.