Gensol-Matrix secures 237 MW hydrogen electrolyzer manufacturing bid

16 Aug 2024 CW Team

Gensol Engineering, in partnership with Matrix Gas & Renewables, has won a bid for a 237 MW hydrogen electrolyzer manufacturing capacity under the Production Linked Incentive (PLI) program. This award, secured through a competitive tender by the Solar Energy Corporation of India (SECI), is part of a larger 300 MW capacity allocated to the consortium, including a previous 63 MW from the first tranche of the SECI tender. The total incentive for this capacity is Rs 4.5 billion.

The Ministry of New and Renewable Energy has allocated Rs 44.4 billion to promote electrolyzer manufacturing under the National Green Hydrogen Mission (NGHM), aimed at reducing hydrogen production costs. The NGHM, approved by the Union Cabinet in January with an initial budget of Rs 197.44 billion, seeks to foster demand, production, and export of green hydrogen, targeting 5 million metric tons of annual production by 2030.

Electrolyzers are vital for generating green hydrogen and its derivatives. Anmol Jaggi, Managing Director, Gensol Engineering, emphasised that winning this PLI capacity underscores the company?s commitment and technical prowess in the green hydrogen sector, paving the way for further growth and collaboration in renewable energy.

Chirag Kotecha, Whole-time Director at Matrix Gas & Renewables, highlighted that the successful bid reflects the consortium's technological expertise and manufacturing capabilities. He noted that the electrolyzer manufacturing initiative is key to their strategy for large-scale decarbonization through green hydrogen, aligning with their goal of positioning India as a leader in sustainable, low-carbon energy.

The Gensol-Matrix collaboration is poised to capitalise on their combined strengths in green hydrogen and related areas, including green steel and green ammonia. (Mercom)

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..