In a major boost to India’s green hydrogen push, cleantech firm Greenzo Energy India has bagged an INR 320 crore order from Oswal Energy for the supply of equipment and equipment for the supply of equipment and equipment for the construction of a 20 MW green hydrogen facility in Gujarat. Greenzo-Oswal Energy project marks a significant milestone in domestic hydrogen infrastructure manufacturing and aligns with India’s National Green Hydrogen Mission.
Greenzo-Oswal Energy Project Details
The order is for a 20 MW green hydrogen plant to be set up at Kalol and Kutch in Gujarat, a state emerging as a green energy hub. The project will be implemented on a Build-Operate-Transfer (BOT) basis and will be completed in 12 to 15 months, as per company sources.
Under the agreement:
- Greenzo Energy will supply indigenously developed electrolysers and BoP equipment.
- The company will also take care of EPC.
- BoP systems will include compressors, control systems, cooling units, etc.
Strategic Significance
This INR 320 crore order adds to Greenzo Energy’s order book of INR 1,800 crore and is a big deal for India’s hydrogen ecosystem. The project is a step towards India’s shift towards sustainable and indigenous technology solutions to reduce import dependence in clean energy.
“This is more than an order – it’s a step towards India’s clean energy future,” said Ratan Bokadia, MD, Oswal Energy. “By partnering with Greenzo, we are investing in sustainable, home-grown technology that will power industries and make us a self-reliant country.”
Echoing the same, Sandeep Agarwal, MD, Greenzo Energy said:
“This partnership is about creating scalable, efficient hydrogen infrastructure aligned to India’s net-zero target. With Oswal’s global EPC experience and Greenzo’s next-gen hydrogen technology, we will deliver a benchmark project.”
About The Companies
Greenzo Energy India
Established in 2020, Greenzo is an Indian cleantech company engaged in the manufacture of electrolysers, hydrogen systems and complete clean energy solutions. It serves clients in the chemical, refinery and mobility sectors and is fast becoming a dominant player in India’s indigenous green hydrogen technology.
Oswal Energies
Established in 2013 and headquartered in Ahmedabad, Oswal Energies is an EPC contractor with over 250 global projects across oil & gas, clean energy, carbon capture, and biogas sectors. Their client list includes Shell, ExxonMobil, ONGC, Linde, and Cairn Oil & Gas, giving them deep credibility in energy infrastructure execution.
Industry Impact
This comes at a time when India is looking to scale up its green hydrogen capacity fast as part of its 500 GW renewable energy target by 2030 and net-zero carbon goal by 2070. The Government’s Green Hydrogen Mission emphasises domestic manufacturing of critical components like electrolysers—a space where Greenzo is becoming a key player.
Moreover, the BOT model means long-term commitment by stakeholders not just to supply but also operate and eventually transfer the facility, ensuring sustainability, cost efficiency and local operational expertise.
Key Takeaway
- Order Value: INR 320 crore
- Client: Oswal Energies
- Supplier & EPC Contractor: Greenzo Energy India
- Project Size: 20 MW green hydrogen facility
- Location: Kalol and Kutch, Gujarat
- Timeline: 12–15 months
- Technology: Indigenously developed electrolysers, integrated BoP systems
- Model: Build-Operate-Transfer (BOT)
- Greenzo Order Book: Now stands at INR 1,800 crore
As India moves towards a clean energy future, the Greenzo-Oswal partnership is a perfect example of public-private collaboration, indigenous innovation and green manufacturing leadership. With large-scale green hydrogen deployments like this, India is not only reducing carbon emissions but also creating economic value, jobs and technological capabilities in the process.
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