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Gensol-Matrix Consortium Secures ₹164 Crore for India’s First Bio-Hydrogen Project. – EQ

Gensol-Matrix Consortium Secures ₹164 Crore for India’s First Bio-Hydrogen Project. – EQ

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In Short : The Gensol-Matrix Consortium has won a ₹164 crore bid to develop India’s first bio-hydrogen project. This groundbreaking initiative aims to produce hydrogen through sustainable bio-based processes, marking a significant step towards clean energy in India. The project underscores India’s commitment to green energy and the development of alternative fuel sources to reduce carbon emissions.

In Detail : Gensol Engineering, a leading solar EPC and electric mobility solutions company, and Matrix Gas & Renewables, a developer of green hydrogen infrastructure, have been awarded a ₹164 crore contract for India’s first biomass-to-green hydrogen project. The consortium emerged as the lowest bidder for the EPC (Engineering, Procurement, and Construction) of the pioneering facility.

The project involves setting up a 25 tonnes per day (TPD) bio-waste processing facility designed to produce 1 TPD of green hydrogen. Gensol Engineering will leverage patented technology from its strategic partner, Westinghouse USA, which specializes in pre-gasification plasma-induced radiant energy-based gasification systems used in multiple global plants.

“By converting bio-waste into hydrogen, we are tackling critical environmental challenges and contributing significantly to the nation’s energy transition. We are committed to delivering this project with the highest quality and efficiency,” said Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering.

The partnership between Gensol and Matrix is backed by common promoters and will extend into future green hydrogen initiatives, including green steel and green ammonia, utilizing the combined expertise of both companies.

Chirag Kotecha, Whole-Time Director of Matrix Gas & Renewables, emphasized the project’s role in setting a standard for future green hydrogen ventures. “Our team is dedicated to executing this project with precision and efficiency, establishing a model for creating a comprehensive green hydrogen ecosystem and marking the beginning of the plasma waste-to-energy era,” Kotecha said.

Anand Gupta Editor - EQ Int'l Media Network