11 September 2024
Gensol Engineering Limited, in partnership with Matrix Gas & Renewables Ltd., announced today that they have secured a major project to establish India's first Green Hydrogen Valley in Pune. Matrix Gas & Renewables, a growing green hydrogen infrastructure developer and natural gas aggregator, will work alongside Gensol to set up the hydrogen production plant. This facility will operate on a Build Own and Operate (BOO) model, supplying green hydrogen to the specialty chemical sector in Pune. The project comes with a 20-year firm offtake agreement, signalling a long-term commitment to green hydrogen production and utilization. Anmol Jaggi, Managing Director of Gensol Engineering Ltd., expressed his pride in this achievement, stating, "We are extremely proud to be developing India's first Green Hydrogen Valley project. The Government of India, through its Department of Science & Technology (DST), has taken a significant step by promoting hydrogen valleys, and we are excited to contribute to the development of the green hydrogen economy. Our round-the-clock (RTC) supply of green hydrogen to the specialty chemical sector in Pune marks a pivotal moment in the growth of green energy in India."
Gensol Engineering Limited, in partnership with Matrix Gas & Renewables Ltd., announced today that they have secured a major project to establish India's first Green Hydrogen Valley in Pune. Matrix Gas & Renewables, a growing green hydrogen infrastructure developer and natural gas aggregator, will work alongside Gensol to set up the hydrogen production plant. This facility will operate on a Build Own and Operate (BOO) model, supplying green hydrogen to the specialty chemical sector in Pune. The project comes with a 20-year firm offtake agreement, signalling a long-term commitment to green hydrogen production and utilization. Anmol Jaggi, Managing Director of Gensol Engineering Ltd., expressed his pride in this achievement, stating, "We are extremely proud to be developing India's first Green Hydrogen Valley project. The Government of India, through its Department of Science & Technology (DST), has taken a significant step by promoting hydrogen valleys, and we are excited to contribute to the development of the green hydrogen economy. Our round-the-clock (RTC) supply of green hydrogen to the specialty chemical sector in Pune marks a pivotal moment in the growth of green energy in India."
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.