Matrix Gas & Renewables Unlisted Shares
Gensol and Matrix to Establish India's First Green Hydrogen Valley in Pune
Energetica india
2 min read
Gensol and Matrix to Launch India’s First Green Hydrogen Valley in Pune.
Expert Analysis:
Project Awarded: Matrix Gas & Renewables Ltd., in collaboration with Gensol Engineering Ltd., has secured the project to set up India’s first Green Hydrogen Valley in Pune.
Development Basis: The alliance will develop a green hydrogen production plant on a Build Own and Operate (BOO) basis.
Offtake Agreement: A 20-year firm offtake agreement is in place to supply green hydrogen to the specialty chemical sector.
Government Support: The project is supported by the Department of Science & Technology (DST) and facilitated by National Chemicals Laboratories (NCL), Pune.
Matrix Gas & Renewables will lead India’s first Green Hydrogen Valley project in Pune, ensuring a 20-year hydrogen supply and supporting national net-zero goals.
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