First bio-hydrogen project: Gensol-Matrix Consortium wins bid
ECONOMY & POLICY

First bio-hydrogen project: Gensol-Matrix Consortium wins bid

Gensol Engineering Limited, in partnership with Matrix Gas & Renewables Ltd., has secured a Rs 1.64 billion contract to develop India's first Bio-Hydrogen project. The consortium was the lowest bidder for the engineering, procurement, and construction (EPC) of the project, which aims to convert 25 tons of bio-waste into 1 ton of hydrogen per day.

The project, expected to be completed within 18 months, aligns with India's National Green Hydrogen Mission and represents a significant step towards sustainable energy. Gensol and Matrix have partnered with Westinghouse, USA, to use their patented Pre-Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS) technology for the project.

Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering Ltd., expressed the company's honour at being the lowest bidder for EPC of India's first biomass-to-green hydrogen project, highlighting it as part of their commitment to innovation in renewable energy. Chirag Kotecha, Whole-time Director of Matrix Gas & Renewables Ltd., remarked that the project is a major leap forward in India's energy transition mission.

The project will be developed in collaboration with one of India's leading power generation companies and is regarded as a key milestone in the country's push towards green hydrogen. Gensol and Matrix, promoted by common stakeholders, plan to continue their partnership in the Green Hydrogen sector, with future ventures into Green Steel and Green Ammonia.

Gensol Engineering Limited, in partnership with Matrix Gas & Renewables Ltd., has secured a Rs 1.64 billion contract to develop India's first Bio-Hydrogen project. The consortium was the lowest bidder for the engineering, procurement, and construction (EPC) of the project, which aims to convert 25 tons of bio-waste into 1 ton of hydrogen per day. The project, expected to be completed within 18 months, aligns with India's National Green Hydrogen Mission and represents a significant step towards sustainable energy. Gensol and Matrix have partnered with Westinghouse, USA, to use their patented Pre-Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS) technology for the project. Anmol Singh Jaggi, Chairman and Managing Director of Gensol Engineering Ltd., expressed the company's honour at being the lowest bidder for EPC of India's first biomass-to-green hydrogen project, highlighting it as part of their commitment to innovation in renewable energy. Chirag Kotecha, Whole-time Director of Matrix Gas & Renewables Ltd., remarked that the project is a major leap forward in India's energy transition mission. The project will be developed in collaboration with one of India's leading power generation companies and is regarded as a key milestone in the country's push towards green hydrogen. Gensol and Matrix, promoted by common stakeholders, plan to continue their partnership in the Green Hydrogen sector, with future ventures into Green Steel and Green Ammonia.

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement