The facility, located in Gurgaon, serves as EIL’s hub for testing and developing new energy technologies. The company wants to build its domestic electrolyser capacity and reduce reliance on imports.
Greenzo Energy said India’s National Green Hydrogen Mission, targeting five million tonnes of annual output by 2030, will hinge on building strong domestic manufacturing and R&D capacity.
Under a letter of intent, Greenzo plans to deliver “cutting-edge indigenous solutions in hydrogen electrolysers that are both scalable and globally competitive,” according to Sandeep Agarwal, the firm’s Managing Director.
Agarwal added, “[This project] is about building a sustainable future for India, reducing reliance on imports, and establishing our country as a leader in the global hydrogen economy.”
That ambition has been underlined by India’s wider hydrogen push, including its recently concluded 13-part auction series for hydrogen-based ammonia offtake contracts.
The series secured 724,000 tonnes per year of supply for fertiliser plants nationwide and discovered globally competitive prices as low as ₹49.75/kg ($0.57/kg).
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