Gensol-Matrix Wins Rs 1.64 Bn Bid for India's First Bio-Hydrogen Project
POWER & RENEWABLE ENERGY

Gensol-Matrix Wins Rs 1.64 Bn Bid for India's First Bio-Hydrogen Project

Gensol Engineering, in partnership with Matrix Gas & Renewables, has secured a contract worth Rs 1.64 billion to develop India's first Bio-Hydrogen project. The consortium was selected as the lowest bidder for the engineering, procurement, and construction (EPC) of the project, which aims to convert 25 tonne of bio-waste into 1 ton of hydrogen per day.

The project, set to be completed within 18 months, aligns with India's National Green Hydrogen Mission and represents a significant advancement in sustainable energy. Gensol and Matrix have collaborated with Westinghouse, USA, to utilise their patented Pre-Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS) technology.

Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering, commented on the development by expressing honour at being the lowest bidder for the EPC of India's first biomass-to-green hydrogen project. He highlighted that the project is a crucial part of their commitment to innovation in the renewable energy sector. Chirag Kotecha, Whole-time Director of Matrix Gas & Renewables, noted that the project signifies a major step forward in the nation's energy transition mission.

The project will be developed in collaboration with India's leading power generation company and is considered a milestone in the country's efforts toward green hydrogen. Gensol and Matrix, backed by common promoters, plan to continue their joint efforts in the Green Hydrogen sector, with future ventures into Green Steel and Green Ammonia.

Gensol Engineering, in partnership with Matrix Gas & Renewables, has secured a contract worth Rs 1.64 billion to develop India's first Bio-Hydrogen project. The consortium was selected as the lowest bidder for the engineering, procurement, and construction (EPC) of the project, which aims to convert 25 tonne of bio-waste into 1 ton of hydrogen per day. The project, set to be completed within 18 months, aligns with India's National Green Hydrogen Mission and represents a significant advancement in sustainable energy. Gensol and Matrix have collaborated with Westinghouse, USA, to utilise their patented Pre-Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS) technology. Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering, commented on the development by expressing honour at being the lowest bidder for the EPC of India's first biomass-to-green hydrogen project. He highlighted that the project is a crucial part of their commitment to innovation in the renewable energy sector. Chirag Kotecha, Whole-time Director of Matrix Gas & Renewables, noted that the project signifies a major step forward in the nation's energy transition mission. The project will be developed in collaboration with India's leading power generation company and is considered a milestone in the country's efforts toward green hydrogen. Gensol and Matrix, backed by common promoters, plan to continue their joint efforts in the Green Hydrogen sector, with future ventures into Green Steel and Green Ammonia.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000