On Monday, Greenzo Energy announced that it had secured a massive hydrogen project. Its overall order book now stood at ₹1,200 crore. That success denotes the increasing clout of the company in the renewable energy sector and underlines the commitment of the company towards sustainable solutions.
The Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has bagged this project, making it one of the biggest successes in the order book of the company. As informed by Greenzo Energy in an official statement, “With the TANGEDCO green hydrogen project, our order book now stands at ₹1,200 crore.”.
The project will be executed at the TANGEDCO-owned 2×660 MW Ennore SEZ Supercritical Thermal Power Plant. The financial terms of the deal are still confidential, but this project is expected to play a distinguished role in the renewable energy sector, thereby aiding India in achieving its aggressive energy transition plans.
According to Sandeep Agarwal, Founder and Managing Director at Greenzo Energy, “Greenzo Energy will be setting up a hydrogen generation plant producing 20 normal cubic meters of hydrogen per hour. This is a crucial step toward advancing India’s Green Hydrogen Mission. We hope to complete this project within 18 months.”
For this purpose, Greenzo Energy will establish and build its facility in Sanand, Gujarat, which will manufacture and design the electrolyzers required for this initiative. This will not only increase the company’s operational capacity but will also form a significant part of the regional economy and hugely contribute to creating employment.
As an integrated provider of green hydrogen energy solutions, Greenzo Energy focuses on developing, owning, and operating renewable and green hydrogen infrastructure to deliver zero-emission energy services to customers. This new project puts the company in a position to pave the way for a cleaner, more sustainable future. It cements the company’s position in a rapidly evolving energy market and demonstrates a commitment to innovative, environment-friendly technologies.