Gensol Engineering Soars: PLI Win with Matrix Gas

Gensol Engineering shares surge 3% on winning PLI bid for electrolyser plant with Matrix Gas.

Shares soar despite Nifty downturn, showcasing investor confidence in sustainable energy solutions.

The partnership with Matrix Gas propels Gensol towards a greener future.

Gensol's electrolyser plant aligns with India's net-zero emission goals, a key step in decarbonization.

The awarded project targets 5 million metric tonnes of green hydrogen annually by 2030.

India's Sustainable Hydrogen Innovation and Green Hydrogen Technologies program spearheads this initiative.

Gensol's 63 MW per annum capacity contributes significantly to India's green energy targets.

The PLI scheme reinforces India's commitment to sustainable development.

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