First bio-hydrogen project: Gensol-Matrix Consortium wins bid
ECONOMY & POLICY

First bio-hydrogen project: Gensol-Matrix Consortium wins bid

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

The project, expected to be completed within 18 months, aligns with India's National Green Hydrogen Mission and represents a significant step towards sustainable energy. Gensol and Matrix have partnered with Westinghouse, USA, to use their patented Pre-Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS) technology for the project.

Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering Ltd., expressed the company's honour at being the lowest bidder for EPC of India's first biomass-to-green hydrogen project, highlighting it as part of their commitment to innovation in renewable energy. Chirag Kotecha, Whole-time Director of Matrix Gas & Renewables Ltd., remarked that the project is a major leap forward in India's energy transition mission.

The project will be developed in collaboration with one of India's leading power generation companies and is regarded as a key milestone in the country's push towards green hydrogen. Gensol and Matrix, promoted by common stakeholders, plan to continue their partnership in the Green Hydrogen sector, with future ventures into Green Steel and Green Ammonia.

Gensol Engineering Limited, in partnership with Matrix Gas & Renewables Ltd., has secured a Rs 1.64 billion contract to develop India's first Bio-Hydrogen project. The consortium was the lowest bidder for the engineering, procurement, and construction (EPC) of the project, which aims to convert 25 tons of bio-waste into 1 ton of hydrogen per day. The project, expected to be completed within 18 months, aligns with India's National Green Hydrogen Mission and represents a significant step towards sustainable energy. Gensol and Matrix have partnered with Westinghouse, USA, to use their patented Pre-Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS) technology for the project. Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering Ltd., expressed the company's honour at being the lowest bidder for EPC of India's first biomass-to-green hydrogen project, highlighting it as part of their commitment to innovation in renewable energy. Chirag Kotecha, Whole-time Director of Matrix Gas & Renewables Ltd., remarked that the project is a major leap forward in India's energy transition mission. The project will be developed in collaboration with one of India's leading power generation companies and is regarded as a key milestone in the country's push towards green hydrogen. Gensol and Matrix, promoted by common stakeholders, plan to continue their partnership in the Green Hydrogen sector, with future ventures into Green Steel and Green Ammonia.

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