Mumbai's Gensol-Matrix Consortium Wins Bid for India's First Bio-Hydrogen Project
Key Ideas
  • Gensol Engineering Limited, in collaboration with Matrix Gas & Renewables Ltd., has secured the bid for developing India's first Bio-Hydrogen project, converting 25 tons of bio-waste into 1 ton of hydrogen per day.
  • The project, valued at INR 164 Crore, aligns with India's National Green Hydrogen Mission and is set to be completed within 18 months, marking a significant milestone in the green energy sector.
  • The partnership with Westinghouse, USA, brings patented technology to establish a Bio-waste processing plant and Green Hydrogen Infrastructure, contributing to environmental sustainability and energy efficiency.
  • The collaboration between Gensol and Matrix showcases a commitment to innovation and excellence in the renewable energy sector, aiming to lead India's energy transition with a focus on green hydrogen and its derivatives.
Gensol Engineering Limited, a key player in the renewable energy sector, along with Matrix Gas & Renewables Ltd., a green hydrogen infrastructure developer, has emerged as the lowest bidder for EPC in India's first Bio-Hydrogen project in Mumbai. The project aims to convert 25 tons of bio-waste into 1 ton of hydrogen per day, aligning with India's National Green Hydrogen Mission. Valued at INR 164 Crore, the project is expected to be completed within 18 months. The collaboration includes a partnership with Westinghouse, USA, bringing patented technology for the establishment of a Bio-waste processing and Green Hydrogen Infrastructure using innovative technology. This project signifies a significant milestone in the renewable energy sector and emphasizes the commitment to environmental sustainability and energy efficiency. Gensol's Chairman expressed their dedication to innovation and excellence, highlighting the role of the project in addressing environmental challenges and contributing to the nation's energy transition. Similarly, Matrix's Whole-time director emphasized the importance of this project in India's energy transition and its potential to set a model for future green initiatives. Both Gensol and Matrix, promoted by common promoters, will continue collaborating in the green hydrogen sector, aiming to explore derivatives like Green Steel and Green Ammonia. This partnership showcases a commitment to driving innovation, excellence, and sustainability in India's energy landscape.
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