WEB and Matrix Gas Secure Hydrogen Electrolyser Manufacturing Tender
Gensol-Matrix Consortium Bags 300 MW Capacity
WEB Gensol Engineering Limited and Matrix Gas and Renewables Limited have secured a significant tender for the manufacturing of hydrogen electrolysers under SECI's PLI scheme. The consortium has secured a cumulative capacity of 300 MW, including a prior 63 MW.
Details of the Tender
The bid, issued under SECI's PLI (Production Linked Incentive) scheme, was won in association with group firm Matrix Gas and Renewables Limited. WEB will contribute 120 MW to the 237 MW annual capacity, while Matrix will bring in 117 MW.
Significance of the Bid
The bid is a major step towards India's hydrogen economy goals. Hydrogen electrolysers are key components in the production of green hydrogen, a clean and sustainable fuel source. The manufacturing plant will contribute to India's aim to become a global leader in green hydrogen production and utilization.
- Supports India's hydrogen economy goals
- Strengthens the Gensol-Matrix partnership
- Contributes to India's clean energy transition
About the Companies
WEB Gensol Engineering Limited is a leading provider of renewable energy solutions in India. The company has a strong track record in solar energy, and its expansion into hydrogen electrolyser manufacturing is a strategic move towards diversifying its portfolio.
Matrix Gas and Renewables Limited is a subsidiary of Matrix Group, a diversified business group with a presence in various industries, including energy, infrastructure, and real estate. The company's foray into hydrogen electrolyser manufacturing is a testament to its commitment to sustainability.
Conclusion
The Gensol-Matrix consortium's success in securing the SECI PLI tender is a positive development for India's hydrogen economy. The manufacturing plant will play a crucial role in the country's transition to clean energy and its emergence as a global leader in green hydrogen production and utilization.
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