Oswal Energies Leads India's Green Hydrogen Revolution
Key Ideas
  • Oswal Energies Ltd in India receives its first 1 MW hydrogen electrolyser stack from Greenzo Energy, kickstarting a Rs 320 cr Green Hydrogen project.
  • The project aims to build a 20 MW capacity to supply clean hydrogen to chemical and fertiliser industries, with plants ranging from 0.5 MW to 5 MW to be commissioned over the next 12 to 18 months.
  • Managing Directors of both companies highlight the importance of this partnership in supporting India's green energy goals and contributing to a low-carbon future, showcasing India's growth as a global green hydrogen hub.
  • Greenzo Energy's expanding role in India's green hydrogen ambitions, with an order book exceeding Rs 1800 crore, demonstrates the strength of India's green manufacturing ecosystem and its commitment to cost-effective, locally made hydrogen solutions.
Oswal Energies Ltd has taken a significant stride in India's clean energy transition by receiving its inaugural 1 MW hydrogen electrolyser stack from Greenzo Energy India Ltd. This milestone denotes the initiation of Oswal's ambitious Rs 320 crore Green Hydrogen project, which aims to establish a 20 MW capacity to provide clean hydrogen to the chemical and fertiliser sectors. The upcoming 12 to 18 months will witness the commissioning of plants varying from 0.5 MW to 5 MW, showcasing the company's dedication to a sustainable future. Ratan Bokadia, the Managing Director of Oswal Energies, emphasized the transformative impact of this electrolyser delivery in fostering a national energy evolution, blending sustainability with self-reliance while empowering industries with low-carbon solutions. Greenzo Energy, through its collaboration with Oswal, is furthering India's green hydrogen aspirations, boasting an order book exceeding Rs 1800 crore. Sandeep Agarwal, the Managing Director of Greenzo, highlighted the importance of supporting India's energy objectives with economical, locally manufactured hydrogen solutions. This partnership not only bolsters India's standing as a global green hydrogen hub but also underscores the nation's commitment to a cleaner, more sustainable future.
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