Business Update12 Feb 2024, 02:29 pm
Gensol Engineering & Matrix Gas Consortium Win PLI Bid for Hydrogen Electrolyser Manufacturing
AI Summary
Gensol Engineering Ltd, together with Matrix Gas & Renewables Ltd, has won a bid for manufacturing capacity for an advanced Electrolyser Plant under the Sustainable Hydrogen Innovation & Green Hydrogen Technologies program. The project, with a manufacturing capacity of 63 MW per annum, is strategically positioned to contribute significantly to India’s ambitious goal of producing 5 million metric tons of green hydrogen annually by 2030.,
Key Highlights
- Won bid for manufacturing capacity for advanced Electrolyser Plant
- Contribute significantly to India's goal of producing 5 million metric tons of green hydrogen annually by 2030
- Aligns with the national Green Hydrogen Mission and net-zero emission commitment
- Significant endorsement of dedication to renewable energy landscape and technical expertise
- New growth opportunities and partnerships within the renewable energy domain