Oswal Energies Receives First 1 MW Electrolyser from Greenzo Energy: Pioneering India's Green Hydrogen Era
Key Ideas
- Oswal Energies Ltd. received the first 1 MW electrolyser from Greenzo Energy India Ltd., marking the inception of its ambitious ₹320 crore Green Hydrogen program.
- The project involves a 20 MW BOT deployment to provide clean hydrogen to the chemical and fertiliser industries through the commissioning of plants ranging from 0.5 MW to 5 MW over the next 12–18 months.
- The collaboration between Oswal Energies and Greenzo Energy signifies India's progress towards becoming a global hub for green hydrogen production, blending sustainability with self-reliance.
- Greenzo Energy's role in supplying efficient electrolyser systems to clients in India and the Middle East underscores the country's commitment to green manufacturing and energy goals.
In a significant development for India's green energy landscape, Oswal Energies Ltd. in Ahmedabad has received the first 1 MW electrolyser stack from Greenzo Energy India Ltd., setting the stage for its ambitious Green Hydrogen program worth ₹320 crore. This milestone marks the beginning of a 20 MW Build-Operate-Transfer project aimed at providing clean hydrogen to the chemical and fertiliser sectors. Over the next 12–18 months, various plants with capacities ranging from 0.5 MW to 5 MW will be commissioned utilizing Greenzo's advanced electrolyser technology. The Managing Directors of both companies, Mr. Ratan Bokadia and Mr. Sandeep Agarwal, have emphasized the transformative impact of this collaboration on India's energy sector, fostering sustainability and self-reliance. With Greenzo Energy's substantial order book exceeding ₹1800 crore, the alliance between Oswal Energies and Greenzo Energy not only signifies a shift towards green manufacturing but also positions India as a key player in the global green hydrogen market.