Greenzo Energy bags Rs 3.2 billion green hydrogen order from Oswal Energies

Greenzo Energy India Limited has secured an order worth Rs 3.2 billion from Oswal Energies Limited for the supply of electrolysers and balance of plant (BoP) equipment for a 20 MW green hydrogen project. The project will be implemented under a build-operate-transfer model. The agreement is part of efforts to expand indigenous hydrogen manufacturing capabilities in India. 

Under the contract, Greenzo will supply its in-house developed electrolysers along with integrated BoP systems for the project. Moreover, Oswal Energies will handle the engineering, procurement, and construction responsibilities, drawing on its existing experience in hydrocarbon and clean energy infrastructure. 

Greenzo Energy India Limited, established in 2020, is a cleantech company focused on green hydrogen. It manufactures electrolysers and integrated hydrogen systems, and provides turnkey solutions. The company works with industries in the chemical, refinery, and mobility sectors to develop hydrogen infrastructure.