The flagship project, to be implemented by the Gensol-Matrix consortium, will convert 25 tonnes of bio-waste into 1 tonne of hydrogen per day.
The project is valued at ₹The Rs 164 crore investment, scheduled for completion within 18 months, marks an important milestone in alignment with the National Green Hydrogen Mission for generation of green hydrogen from biomass.
The company has entered into a strategic partnership with Westinghouse, USA, which has patented the technology and has put several plants into operation worldwide.
The scope of work includes the development of a 25 tonnes per day (TPD) bio-waste processing facility and the production of a 1 TPD green hydrogen infrastructure from the pre-gasification plasma-induced radiant energy-based gasification system (GH2-PREGS) technology.
Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering, said, “We are honoured to have been the lowest bidder for the EPC of India’s first biomass to green hydrogen project for India’s leading power generation company.
“The Gensol and Matrix consortium highlights our unwavering commitment to innovation and excellence within the renewable energy sector, aligning us with India’s National Green Hydrogen Mission and proliferating to unlock a turnkey EPC solutions provider.”
Chirag Kotecha, Whole-Time Director, Matrix Gas & Renewables, said: “Our team is dedicated to executing this project with utmost precision and efficiency, ensuring that it serves as a model for future initiatives to create a holistic GH2 ecosystem, adopting this innovative pathway model for ushering in the era of plasma-based waste-to-energy.”
Gensol Engineering is a leading renewable energy company specialising in solar engineering, procurement, construction and e-mobility solutions. Matrix Gas & Renewables is a fast-growing green hydrogen infrastructure developer and natural gas aggregator.
Shares of Gensol Engineering Ltd closed at ₹941.95, down ₹17.50, or 1.82% on the BSE.
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