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Gensol, Matrix Gas win Rs 450 crore PLI scheme for hydrogen electrolyser manufacturing

Chemicals  -  Aug 16,2024  - 

Gensol Engineering Ltd and Matrix Gas & Renewables Ltd emerged as the winning consortium to manufacture a 237 MW hydrogen electrolyser under the production-linked incentive (PLI) scheme.

It is part of a competitive tender issued by the Solar Energy Corporation of India (Seci), with the total capacity secured by the consortium reaching 300 MW.

The Gensol-Matrix consortium’s winning bid secures a cumulative capacity of 300 MW, which includes a prior award of 63 MW under the first tranche of the Seci tender. The total incentive under the PLI scheme amounts to Rs 450 crore.

The PLI scheme, launched by the Ministry of New and Renewable Energy (MNRE), is part of India’s National Green Hydrogen Mission. This mission is critical to the country’s renewable energy strategy.

 

Company : Gensol Engineering Ltd