Gensol Engineering Limited and Matrix Gas & Renewables Limited have officially secured a project to set up India’s first Green Hydrogen Valley in Pune, marking a significant step forward in India’s efforts toward green energy. This joint venture between the two companies represents a landmark achievement in the growing domain of green hydrogen production in India. The Green Hydrogen Valley will be developed in collaboration with National Chemicals Laboratories (NCL) in the Kurkumbh region of Pune, focusing on hydrogen production through electrolysis.

The Green Hydrogen Valley is expected to play a pivotal role in promoting sustainable energy, aligning with India's vision for achieving net-zero carbon emissions. According to Anmol Jaggi, Managing Director of Gensol Engineering, the project will be built on a Build Own and Operate (BOO) basis. This green hydrogen production facility will supply green hydrogen to the specialty chemical sector in Pune, ensuring round-the-clock (RTC) operations. Matrix Gas & Renewables, led by Chirag Kotecha, has reiterated its commitment to supporting the National Green Hydrogen Mission, noting that this project represents a massive step forward in reducing India’s carbon footprint.

The partnership between Gensol and Matrix will not only cater to the specialty chemical industry but also provide a gateway to explore green ammonia and green steel production, two critical areas for reducing carbon emissions in industrial sectors. The companies aim to leverage their unique expertise to contribute significantly to the future of India’s hydrogen economy. Both firms share a history of collaboration in renewable energy projects, and this green hydrogen production plant further cements their position as leaders in India’s transition to a sustainable energy future.

The Role of the National Green Hydrogen Mission

India's National Green Hydrogen Mission, led by the Department of Science & Technology (DST), is designed to accelerate the development of green hydrogen infrastructure across the country. By setting up facilities such as the Green Hydrogen Valley, India is positioning itself as a global leader in green energy. The electrolysis route being used for this project ensures that green hydrogen is produced with minimal environmental impact, tapping into renewable energy sources for sustainable production.

The Green Hydrogen Valley in Pune will not only support green hydrogen production but also pave the way for research and development (R&D) opportunities in this field. By partnering with NCL, Gensol and Matrix aim to establish cutting-edge facilities for R&D in green hydrogen applications, ensuring India remains at the forefront of this technological revolution. The project was awarded through a competitive tender, with Gensol and Matrix emerging as the top bidders based on both technical and commercial criteria.

About Gensol Engineering Limited

Gensol Engineering Limited, established in 2012, is a key player in the renewable energy sector, specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions. The company has a robust track record of completing over 770 MW of solar projects across India, encompassing rooftop, ground-mount, and floating solar installations. Beyond solar energy, Gensol is also active in electric vehicle (EV) manufacturing and leasing, with a state-of-the-art facility in Chakan, Pune capable of producing 30,000 EVs annually.

In 2023, Gensol acquired Scorpius Trackers, a single-axis solar tracking solution provider, further enhancing its offerings in the renewable energy sector. This acquisition complements Gensol’s goal of expanding its presence in the EV and Battery Energy Storage Systems (BESS) market, ensuring the company remains a key player in India’s green energy transition.

The Road Ahead: Expanding India’s Green Hydrogen Economy

India’s first Green Hydrogen Valley in Pune represents a monumental step in creating a robust hydrogen economy. This development, backed by the National Green Hydrogen Mission, aims to foster a sustainable future where green hydrogen plays a central role in powering industrial processes, including specialty chemicals, steel, and ammonia production. The collaboration between Gensol and Matrix is set to drive future advancements in green hydrogen infrastructure, reinforcing India's commitment to carbon neutrality.

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