Matrix Gas, Gensol Secure Tender For India’s First Green Hydrogen Project
Matrix Gas, Gensol Secure Tender For India’s First Green Hydrogen Project
Gensol Engineering and Matrix Gas & Renewables consortium secured a tender for India’s first Biomass to green hydrogen project.
Matrix Gas & Renewables Ltd. is a green hydrogen infrastructure developer and natural gas aggregator, while Gensol Engineering Limited would be the Engineering, procurement, and construction (EPC) player for the Biomass to green hydrogen project worth Rs 164 crore.
This landmark project will convert 25 tons of bio-waste into 1 ton of hydrogen per day and is scheduled for completion within 18 months.
The company has partnered with Westinghouse, USA which has patented technology and has commissioned multiple plants globally. The scope of work includes developing the establishment of a 25 Tons per day (TPD) Bio-waste processing and producing 1 TPD Green Hydrogen Infrastructure from Pre-Gasification Plasma Induced Radiant Energy-Based Gasification System (GH2-PREGS) technology.
Commenting on the development, Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering Ltd., said, “We are honored to emerge as the lowest bidder for EPC of India’s first biomass to green hydrogen project for India’s leading power generation company. By converting bio-waste into hydrogen, we are addressing critical environmental challenges and making a significant contribution to the nation’s energy transition.”
Chirag Kotecha, Whole-time director, Matrix Gas & Renewables Ltd., added, “This project represents a significant leap forward in the nation’s mission. Our team is dedicated to executing this project with the utmost precision and efficiency, ensuring that it serves as a model for future initiatives to create a holistic GH2 ecosystem, by embracing this innovative pathway model for the onset of the plasma waste-to-energy era.”
Interestingly, Gensol & Matrix are both companies promoted by common promoters and will continue to collaborate in the Green Hydrogen and its derivatives including Green Steel and Green Ammonia domain taking benefit of the skill sets of each entity.
India’s green hydrogen story kickstarted with the announcement of the National Green Hydrogen Mission (NGHM) in January 2023 with the grand objective of making India the global hub for producing, consuming and exporting green hydrogen and its derivatives. To achieve this objective, the NGHM aims to produce 5 million metric tonnes per annum (mmtpa) of green hydrogen by 2030, with a further ambition to produce 10mmtpa based on the development of export markets. The dream is distant but achievable if the policy makers and stakeholders successfully address the challenges to the swift adoption of green hydrogen as an alternate energy option.
