Gensol-Matrix consortium wins Rs 164 crore for first bio-hydrogen project to be set up in Pune
Gensol Engineering, a Solar engineering, procurement, and construction (EPC) and electric mobility solutions company along with Matrix Gas & Renewables, green hydrogen infrastructure developer and natural gas aggregator will develop the Rs 164 crore project
The collaboration will establish a 25 tonnes per day (TPD) bio-waste processing facility, producing 1 TPD green hydrogen infrastructure, Gensol Engineering. The company has strategically partnered with Westinghouse, USA, having a patented technology. In this case, the pre-gasification plasma-induced radiant energy-based gasification system technology will be utilised
Gensol and Matrix will set up the green hydrogen production plant on a build-own-operate (BOO) basis. The plant will supply green hydrogen to the specialty chemical sector with a firm off-take for 20 years. The government will provide 50% capex in the project’s capital expenditure is estimated to be ₹ 3.21 bn ( 38.18 mn)