Greenzo-Oswal Partnership Boosts India's Green Hydrogen Ambitions
Key Ideas
- Greenzo Energy India secures INR 320 crore order from Oswal Energy for a 20 MW green hydrogen facility in Gujarat, a milestone for domestic hydrogen infrastructure.
- The project highlights India's shift towards sustainable technology solutions and aims to reduce import dependence in clean energy, supporting the country's green goals.
- The collaboration between Greenzo and Oswal Energies signifies a significant step towards India's green energy future by promoting indigenous innovation and manufacturing.
- With the BOT model, the project ensures long-term commitment for sustainable operations, cost efficiency, and local expertise, contributing to India's clean energy transition.
Greenzo Energy India has secured a substantial INR 320 crore order from Oswal Energy to supply equipment for the construction of a 20 MW green hydrogen facility in Gujarat. This project, set to be completed in 12 to 15 months, represents a significant milestone in India's green hydrogen infrastructure development. The agreement includes the supply of electrolysers and BoP equipment by Greenzo Energy, with the company also handling the EPC responsibilities. This initiative aligns with India's National Green Hydrogen Mission and reinforces the country's commitment to sustainable and indigenous technology solutions.
The partnership between Greenzo and Oswal Energy is strategically important, underscoring India's move towards self-reliance in clean energy and the reduction of import dependence. The project signifies a shift towards green manufacturing and supports India's ambitious green energy targets. Greenzo Energy, established in 2020, specializes in cleantech solutions, while Oswal Energies, founded in 2013, has a strong track record in EPC projects across various sectors.
With India aiming to scale up its green hydrogen capacity rapidly as part of its renewable energy targets, the Greenzo-Oswal partnership is a shining example of public-private collaboration driving indigenous innovation. The BOT model adopted for the project ensures sustainability, cost efficiency, and local operational expertise in the long term. This initiative not only contributes to reducing carbon emissions but also creates economic value, generates employment opportunities, and enhances technological capabilities in the green energy sector. The growing order book of Greenzo Energy and the strategic significance of the project highlight the increasing focus on green hydrogen technology in India's energy landscape.
Topics
India
Renewable Energy
Infrastructure
Sustainability
Green Energy
Manufacturing
Economic Growth
Cleantech
Public-private Collaboration
Latest News