Gensol-Matrix consortium secures Rs 164 crore contract for India's first biomass to green hydrogen project.

Gensol Engineering and Matrix Gas & Renewables consortium have secured a Rs 164 crore contract to develop India's first biomass to green hydrogen project. The initiative will convert 25 tons of bio-waste into 1 ton of hydrogen daily, supporting the National Green Hydrogen Mission. Scheduled for completion in 18 months, the project involves collaboration with Westinghouse, leveraging their patented technology. Gensol's shares rose by 3.19% following the announcement.

September 03, 2024
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