Electrolyser manufacturer Greenzo has signed a Memorandum of Understanding (MoU) with RBM Infracon Limited for a Rs 200 crore investment to provide electrolysers for green hydrogen projects in Gujarat. The project, with a total capacity of 15 MW, will span across Jamnagar, Kutch, and Bhuj and will be carried out over an 18-month period in phases starting from the fourth quarter of FY 2024-25. Greenzo Energy will oversee the design, development, procurement, and commissioning of the plants, offering a comprehensive range of components including indigenously developed electrolyzer units, separation units, purification units, and storage facilities. The green hydrogen produced will be targeted at industries such as steel companies, refineries, and petrochemical firms in Gujarat, with plans for future expansions based on market demand. Greenzo aims to increase its production capacity to 1 GW by 2026 and 2 GW by 2028, boasting fully domestic manufacturing and customized electrolyzers suitable for India's climate. The company's order book now stands at Rs 1,400 crore, with a significant portion expected to be realized in the financial year 2025-26. With a growing international customer base, Greenzo is solidifying its position in the green hydrogen sector.