India's Green Hydrogen Initiative Gains Momentum with BOT Project Launch
Key Ideas
- Oswal Energies Ltd receives a 1 MW hydrogen electrolyser stack from Greenzo Energy India Ltd for their ₹320 crore green hydrogen project.
- The BOT project aims to produce clean hydrogen with plants ranging from 0.5 MW to 5 MW, scheduled for commissioning in the next 12 to 18 months.
- The initiative targets supplying green hydrogen to the chemical and fertiliser industries, promoting sustainability and self-reliance in India's energy sector.
- Greenzo Energy, a key player in designing and manufacturing electrolyser systems, supports India's energy goals with locally made hydrogen solutions.
Oswal Energies Ltd in New Delhi has kickstarted a ₹320 crore green hydrogen project with the delivery of a 1 MW hydrogen electrolyser stack from Greenzo Energy India Ltd. The Build-Operate-Transfer (BOT) project, ranging from 0.5 MW to 5 MW capacity, is set to be operational over the next 12 to 18 months, targeting the supply of green hydrogen to the chemical and fertiliser industries. Ratan Bokadia, Managing Director of Oswal Energies, emphasized the project's role in national energy transformation and sustainability. Greenzo Energy, specializing in electrolyser systems, expressed pride in supporting India's energy goals with cost-effective hydrogen solutions. Oswal Energies' expertise in EPC services across various energy segments reinforces their commitment to clean energy initiatives.