Empowering India's Green Hydrogen Transition with Indigenous Technology
Key Ideas
- Oswal Energies Ltd. received its first 1 MW electrolyser stack from Greenzo Energy India Ltd. for a ₹320 crore green hydrogen project, signaling the commencement of a significant 20 MW BOT deployment focused on supplying low-carbon hydrogen to industries.
- The collaboration between Oswal Energies and Greenzo Energy drives a strategic alignment, combining EPC capabilities with advanced green manufacturing to establish a scalable green hydrogen infrastructure in India.
- Greenzo Energy, with a substantial order book exceeding ₹1,800 crore, is playing a pivotal role in India's clean-tech ecosystem by providing high-efficiency electrolyser systems for various sectors, supporting the nation's energy goals with locally made hydrogen solutions.
- The partnership between Oswal Energies and Greenzo Energy is set to pave the way for India's hydrogen economy, leveraging indigenous technology, robust engineering execution, and a growing market for green fuels to position India as a leader in the global hydrogen value chain.
Oswal Energies Ltd. in India has marked a significant milestone in the green energy sector with the receipt of its first 1 MW electrolyser stack from Greenzo Energy India Ltd. This event signifies the initiation of a major ₹320 crore green hydrogen project focusing on delivering low-carbon hydrogen to industries in the country. The project, which involves a 20 MW Build-Operate-Transfer (BOT) deployment, aims to commission modular green hydrogen plants ranging from 0.5 MW to 5 MW over the next 12–18 months. These plants will utilize Greenzo's indigenously developed electrolyser technology.
Ratan Bokadia, the Managing Director of Oswal Energies, emphasized the broader impact of this collaboration, highlighting how it contributes to a national energy transformation by empowering industries with sustainable, low-carbon solutions. The partnership between Oswal Energies and Greenzo Energy signifies a strategic alignment that integrates EPC capabilities with advanced green manufacturing, laying the foundation for a scalable green hydrogen infrastructure in India.
Greenzo Energy India Ltd., with a substantial order book exceeding ₹1,800 crore, has emerged as a key player in India's clean-tech ecosystem, supplying high-efficiency electrolyser systems across India and the Middle East. Sandeep Agarwal, the Managing Director of Greenzo Energy, expressed pride in supporting India's energy goals with cost-effective, locally made hydrogen solutions. Greenzo's offerings, including BOT models, cater to critical sectors such as chemicals, refineries, and mobility, facilitating the decarbonization of industrial processes.
The delivery of the first electrolyser unit by Greenzo to Oswal Energies signifies the commencement of a transformative green hydrogen project and reflects increased confidence in India's capacity to develop a self-reliant hydrogen ecosystem. The partnership between Oswal Energies and Greenzo Energy is built on indigenous technology and robust engineering execution, complemented by a rising demand for green fuels. Together, they aim to propel India towards a leadership position in the global hydrogen value chain, contributing significantly to the country's decarbonization roadmap.
Topics
Middle East
Sustainability
Energy Transition
Decarbonization
Indigenous Technology
Strategic Collaboration
Green Manufacturing
Clean Tech Ecosystem
Industry Empowerment
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