India’s Clean Energy Breakthrough: Unpacking the ₹320 Cr Greenzo-Oswal Green Hydrogen Pact

A) Why Is This ₹320 Cr Green Hydrogen Project a Game Changer for India?

India is taking a bold step in transforming its energy landscape through a high-impact collaboration between Greenzo Energy India Ltd. and Oswal Energies Ltd. The ₹320 crore agreement aims to develop a 20 MW green hydrogen facility, placing India squarely on the global green energy map.

B) Who Are the Powerhouses Behind This Deal—and What Do They Bring?

C) What Exactly Will Be Built and How Will It Operate?

• Facility Capacity: 20 MW of green hydrogen production

• Execution Model: BOT (Build-Operate-Transfer)

• Key Components: Electrolysers + Balance of Plant (BoP) equipment

Greenzo leads with homegrown tech, while Oswal ensures seamless on-ground execution using its global EPC track record.

D) Why Is This Project Crucial for India's Green Hydrogen Mission?

1. Alignment with National Goals:

   • Directly supports India’s aim of producing 5 million tonnes of green hydrogen annually by 2030

2. Reduces Foreign Dependency:

   • Promotes self-reliance in critical electrolyser manufacturing

3. Industrial Decarbonization:

   • Enables clean hydrogen use in sectors like steel, transport, and chemicals

4. Global Positioning:

   • Strengthens India’s role as a future exporter of green hydrogen technologies

E) What Are the Broader Impacts—Both Economic and Environmental?

Environmental Benefits:

• Drastically cuts emissions in hydrogen-dependent sectors

• Supports India’s net-zero carbon goal by 2070

Economic Impact:

• Boosts 'Make in India' with advanced green tech manufacturing

• Spurs high-skill job creation in engineering and clean energy

• Encourages more PPPs (Public-Private Partnerships) in hydrogen economy

F) Who Are These Companies—and Why Should You Pay Attention?

Oswal Energies Ltd.

• Founded: 2013 | Headquarters: Ahmedabad

• Sectors: Oil & Gas, Clean Energy, Green Hydrogen, Biogas, Carbon Capture

• Global Reach: 250+ projects across USA, Middle East, Africa

• Client Base: Shell, ExxonMobil, ONGC, Linde, Cairo Oil & Gas

Greenzo Energy India Ltd.

• Core Focus: Electrolyser systems and hydrogen infrastructure

• Strengths: Indigenous R&D, scalable tech, clean hydrogen at low cost

• Deployment Models: BOT/BOO for industrial applications (steel, chemical, transport)

G) What Are the Industry Leaders Saying?

Rama Bolandin (MD, Oswal Energies): “This project strengthens India's clean energy backbone. It’s a leap toward independence in hydrogen infrastructure.”

Sandeep Agarwal (MD, Greenzo Energy): “Our technology, combined with Oswal’s execution muscle, will redefine India’s hydrogen future.”

H) What Comes Next in This Green Hydrogen Journey?

• Timely commissioning of the 20 MW facility

• Scaling capabilities toward 100+ MW future projects

• Expansion of private-public green energy alliances

Summary Snapshot

Disclaimer: This content is for informational purposes only and should not be construed as investment advice. Please consult a financial advisor before making any investment decisions.