Gensol Engineering, a renewable energy EPC player, and Matrix Gas & Renewables, a green hydrogen infrastructure developer, have won a competitive bid for a 237 MW annual capacity under India's production-linked incentive (PLI) scheme for setting up an electrolyser manufacturing plant. This bid was secured through a tender by Solar Energy Corporation of India (SECI). The consortium has also been awarded an additional 63 MW capacity in the first tranche, totaling 300 MW. The project is significant in achieving India's target of 5 million metric tons of green hydrogen production by 2030. Chirag Kotecha, the Whole-time Director at Matrix Gas and Renewables, highlighted the importance of the electrolyser manufacturing initiative for large-scale decarbonization through green hydrogen and low-carbon energy. The collaboration between Gensol and Matrix, both backed by common entities, will extend to exploring green hydrogen derivatives such as green steel and green ammonia, leveraging their respective expertise. The announcement marks a positive step towards advancing renewable energy infrastructure and promoting green hydrogen technology in India for a sustainable energy transition. This initiative aligns with global efforts to reduce carbon emissions and combat climate change.