Gensol and Matrix to Establish India’s First Green Hydrogen Valley in Pune

Gensol Engineering Ltd. in collaboration with Matrix Gas & Renewables Ltd. has announced that their consortium has won the project to set up India’s first Green Hydrogen Valley project in Pune.

Gensol – Matrix will set up a green hydrogen production plant on Build Own and Operate (BOO) basis to supply green hydrogen to the specialty chemical sector with the firm offtake for 20 years.

Commenting on this achievement, Anmol Jaggi, Managing Director, Gensol Engineering Ltd., said, “We feel immense pride to develop India’s first Green Hydrogen Valley project. The government of India has taken a great step in promoting these Hydrogen Valleys through the Department of Science & Technology (DST). We are going to supply green hydrogen to the specialty chemical sector in Pune, Maharashtra on round the clock (RTC) basis to develop the green hydrogen economy in India”

Chirag Kotecha, Whole-time Director at Matrix Gas and Renewables Ltd., added, “We are committed to contribute to India’s net-zero targets by achieving the key aspects of the National Green Hydrogen Mission. This green hydrogen valley is being facilitated by National Chemicals Laboratories (NCL), Pune in the Kurkumbh region. We will have an opportunity to establish such green hydrogen generation concepts, its applications, and R&D facilities. We have been selected through competitive tender as the best bidder (both technically and commercially) to set up a green hydrogen generation plant on a BOO basis through the Electrolysis route.”

Gensol and Matrix are both companies promoted by common promoters and will continue to collaborate in the Green Hydrogen and its derivates including Green Steel and Green Ammonia domain taking benefit of the skill sets ofeach entity.