Bid & Tender


GreenZo Energy Plans Rs 400cr Investment for Electrolyzer Factory

GreenZo Energy is planning to make an investment of up to Rs 400 crore to set up a 250 MW electrolyzer factory.


The company will also spend an amount of Rs 70 crore on the research and development (R&D) for the production of the green hydrogen electrolyzer in 2022-23.


The company plans to set up a 250 MW electrolyzer factory, which will take up investment of Rs 3-4 billion by the end of 2025.


This will ensure the availability of end-to-end solutions within the country and cut down dependence on imports for this key equipment.


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