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Gensol, Matrix Gas consortium wins PLI bid for hydrogen electrolyser plant

Monday, 12 Feb 2024
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Gensol Engineering with Matrix Gas and Renewables has announced the grant of manufacturing capacity for an advanced electrolyser plant.

The awarded project, with a manufacturing capacity of 63 MW per annum, is strategically positioned to contribute significantly to India’s goal of producing five million tonne of green hydrogen annually by 2030. The capacity was awarded to Gensol and Matrix under the sustainable hydrogen innovation and green hydrogen technologies (SIGHT) programme, tranche-I of the production-linked incentive (PLI) scheme, as part of the National Green Hydrogen Mission.

With this, Gensol seeks to foster global partnerships, technological exchange, and innovation. The company is set to catalyse the adoption of green hydrogen globally, marking a new era in energy sustainability.

Matrix Gas and Renewables’ consortium stood out for its technological expertise and manufacturing experience. Electrolyser manufacturing is a cornerstone of its strategic initiative, aligning seamlessly with the company’s goal for large-scale decarbonisation through the deployment of green hydrogen production plants. This supports the company’s commitment to engineering, procurement, commissioning, as well as build-own-operate (BOO) models.

Supported by a common promoter, Gensol and Matrix would continue to partner in the green hydrogen domain. The collaboration aims to leverage the skill sets of each entity.


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