India's Green Hydrogen Initiative: Gensol-Matrix Consortium Wins 300 MW Electrolyser Manufacturing Project
Key Ideas
- Gensol Engineering Ltd and Matrix Gas & Renewables Ltd won the bid to manufacture a 237 MW hydrogen electrolyser under India's PLI scheme, reaching a total capacity of 300 MW.
- The project is part of India's National Green Hydrogen Mission, crucial to the country's renewable energy strategy and aim to produce 5 million metric tons of green hydrogen annually by 2030.
- The Gensol-Matrix consortium's success highlights their commitment to green hydrogen, positioning India as a leader in sustainable energy and driving the country's decarbonisation efforts.
- This partnership between Gensol and Matrix will focus on producing green derivatives like green steel and ammonia, leveraging their expertise to advance India's energy transition.
Gensol Engineering Ltd and Matrix Gas & Renewables Ltd have secured a significant project to manufacture a 237 MW hydrogen electrolyser under India's production-linked incentive (PLI) scheme. This consortium's bid, part of a tender by the Solar Energy Corporation of India (Seci), has won a cumulative capacity of 300 MW, including a prior award of 63 MW. The PLI initiative is integral to India's National Green Hydrogen Mission, essential for the country's renewable energy strategy. The project's role in producing green hydrogen is crucial for global decarbonisation efforts, further solidifying India's position in sustainable energy. The success of the Gensol-Matrix consortium demonstrates their dedication to green hydrogen and positions India as a leader in sustainable energy and decarbonisation. With a focus on green derivatives such as green steel and ammonia, the partnership aims to drive India's energy transition by leveraging their combined expertise. This achievement not only strengthens their presence in the green hydrogen sector but also opens doors for growth and collaboration in renewable energy.