Greenzo Energy India Limited, a leading hydrogen electrolyser manufacturer, has secured a ₹320 crore deal with Oswal Energies Limited. The contract is for the supply of electrolysers and Balance of Plant (BoP) equipment for a 20 MW green hydrogen production facility. This project is a key milestone in India’s push towards a more sustainable energy future and will be executed under a Build-Operate-Transfer (BOT) model.
Under this collaboration, Greenzo Energy will provide its cutting-edge, domestically developed electrolysers and integrated BoP systems. The company’s focus on scalable and high-efficiency hydrogen technologies will be instrumental in the project’s success. Oswal Energies, a globally recognized leader in Engineering, Procurement, and Construction (EPC) services within the hydrocarbon and clean energy sectors, will oversee the engineering, procurement, and construction phases of the project.
Ratan Bokadia, Managing Director of Oswal Energies, shared his thoughts on the partnership: “This isn’t just another business deal—it’s a pivotal move towards India’s clean energy future. By working with Greenzo for this green hydrogen project, we’re investing in homegrown technology that will not only power industries but also support India’s vision of becoming more self-sufficient and sustainable.”
Sandeep Agarwal, Managing Director of Greenzo Energy India Ltd., added: “This partnership signifies our joint commitment to building scalable, efficient green hydrogen infrastructure that aligns with India’s net-zero goals. Oswal’s strong EPC expertise, combined with Greenzo’s advanced hydrogen solutions, creates a formidable partnership. Together, we aim to set a benchmark for green hydrogen projects and reinforce India’s leadership in clean energy.”
The collaboration between Oswal and Greenzo represents a powerful combination of cutting-edge manufacturing and expert EPC execution, positioning India to be a global leader in the green hydrogen space. Greenzo Energy India Ltd is a pioneering clean-tech company driving India’s shift towards a green hydrogen-powered future.
As one of the country’s top electrolyser manufacturers, Greenzo focuses on indigenous innovation and scalable, cost-effective solutions for hydrogen production. The company provides comprehensive turnkey solutions, including Build-Operate-Transfer (BOT) models, and partners with major players in chemical, refinery, and mobility sectors to deploy next-gen hydrogen infrastructure. Greenzo’s ultimate goal is to position India as a global hub for green hydrogen technology.
Established in 2013 and based in Ahmedabad, Gujarat, Oswal Energies Limited is a top-tier EPC company specializing in the oil, gas, and clean energy sectors. Starting as a small fabrication unit, Oswal has grown into a trusted partner for end-to-end EPC solutions, delivering projects in upstream, midstream, and downstream hydrocarbon facilities, as well as clean energy projects such as green hydrogen, carbon capture, and compressed biogas. Oswal has completed over 250 successful projects across brownfield and greenfield sites, earning a reputation for its commitment to quality, safety, and timely project delivery.
