Business News
1 min read | Updated on September 11, 2024, 10:59 IST
SUMMARY
In a regulatory filing, Gensol Matrix announced that, in collaboration with Matrix Gas & Renewables Ltd., it has secured an order to build a green hydrogen production plant in Pune. The plant will be established on a Build Own and Operate (BOO) basis using the electrolysis process.
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The green hydrogen production plant will be set up on a Build Own and Operate (BOO) basis through the electrolysis route, according to a BSE filing.
"The government of India has taken a great step in promoting these hydrogen valleys through the Department of Science & Technology (DST). We are going to supply green hydrogen to the specialty chemical sector in Pune, Maharashtra, on a round-the-clock basis to develop the green hydrogen economy in India," Anmol Jaggi, Managing Director, Gensol Engineering, said.
The green hydrogen valley is being facilitated by National Chemicals Laboratories (NCL), Pune, in the Kurkumbh region.
Matrix Gas & Renewables is a fast-growing green hydrogen infrastructure developer and natural gas aggregator.
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