Gensol Engineering shares surged as the company won a bid for manufacturing capacity for an advanced Electrolyser Plant under the Sustainable Hydrogen Innovation & Green Hydrogen Technologies program. The project, with a capacity of 63 MW per annum, aligns with India’s goal of producing 5 million metric tons of green hydrogen annually by 2030, contributing to global decarbonization efforts. CEO Ali Imran Naqvi expressed gratitude for the trust placed in the company by the Government of India and stakeholders, emphasizing their commitment to India’s green hydrogen mission and global decarbonization.
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