Greenzo Energy Receives ₹320 Crore Green Hydrogen Deal From Oswal Energies For 20 MW Plant

Greenzo Energy India Limited, a leading domestic manufacturer of hydrogen electrolysers, has secured an order worth ₹320 crore from Oswal Energies Limited for a 20 MW green hydrogen project. The order includes the supply of Greenzo’s indigenously developed electrolysers and Balance of Plant (BoP) equipment. The project will be implemented under a Build-Operate-Transfer (BOT) model, marking a key step in advancing India’s green hydrogen ecosystem.

Under this partnership, Greenzo Energy will be responsible for the manufacturing and delivery of high-efficiency electrolysers and integrated BoP systems. The company’s solutions are designed for scalability and cost-effectiveness, aiming to support the deployment of clean hydrogen across various sectors. Oswal Energies Limited will lead the engineering, procurement, and construction aspects of the project. With its extensive experience in delivering turnkey energy infrastructure, Oswal brings deep expertise in both hydrocarbon and clean energy segments.

This collaboration is expected to accelerate India’s green hydrogen journey by combining advanced manufacturing capabilities with strong EPC execution. Greenzo Energy focuses on providing end-to-end hydrogen infrastructure, including BOT models, and collaborates with industries in sectors such as chemicals, refining, and mobility. The company is committed to making India a global center for green hydrogen production and innovation through indigenous development and technology integration.

Mr. Ratan Bokadia, Managing Director of Oswal Energies, said in a statement, “This order marks more than a business transaction—it’s a decisive step toward India’s clean energy future. By partnering with Greenzo for this hydrogen project, we’re investing in sustainable, indigenous technology that will power industries and reinforce our commitment to a greener, self-reliant India.”

Mr. Sandeep Agarwal, Managing Director, Greenzo Energy India Ltd., stated, “This partnership represents a shared vision to create green hydrogen infrastructure that is scalable, efficient, and aligned with India’s net-zero ambitions. Oswal’s proven EPC capabilities and global track record, combined with Greenzo’s next-generation hydrogen technologies, form a powerful alliance. Together, we aim to build a benchmark project that reflects India’s leadership in clean energy manufacturing and execution.”

Oswal Energies Limited, headquartered in Ahmedabad, Gujarat, has grown from a small fabrication firm into a full-service EPC provider with a strong track record across upstream, midstream, and downstream energy projects. Since its founding in 2013, the company has delivered over 250 projects across Asia, Europe, and Africa, including complex installations such as gas processing plants, pipelines, and carbon capture systems. Oswal serves major international clients including Shell, ExxonMobil, ONGC, and Cairn Oil & Gas. The Greenzo-Oswal partnership represents a significant milestone for India’s green energy ambitions, supporting both domestic manufacturing and infrastructure development in the emerging hydrogen economy.