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Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project
Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project

Time of India

time10 hours ago

  • Business
  • Time of India

Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project

Greenzo Energy India Ltd. has secured an order worth ₹320 crore from Oswal Energies Ltd. for supplying electrolysers and Balance of Plant (BoP) equipment for a 20 MW green hydrogen facility, the company said in a statement. The project will be executed under the Build-Operate-Transfer (BOT) model. Greenzo Energy will manufacture and supply indigenously developed electrolysers and BoP systems, while Oswal Energies will undertake engineering, procurement and construction (EPC) responsibilities. '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,' said Ratan Bokadia, Managing Director, Oswal Energies. '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,' said Sandeep Agarwal, Managing Director, Greenzo Energy India Ltd. Greenzo Energy manufactures electrolysers and integrated hydrogen systems and offers turnkey clean energy solutions . The company focuses on indigenous innovation and cost-efficient green hydrogen production through BOT models for deployment across sectors including chemicals, refineries and mobility. Oswal Energies, established in 2013 and headquartered in Ahmedabad, is an EPC firm operating in oil, gas and clean energy sectors. The company has executed over 250 projects globally across upstream, midstream and downstream hydrocarbon facilities as well as green hydrogen, carbon capture, and compressed biogas installations. It services clients including Shell, ExxonMobil, ONGC, Linde, and Cairn Oil & Gas.

Greenzo Energy receives order worth ₹320 crore from Oswal Energies
Greenzo Energy receives order worth ₹320 crore from Oswal Energies

Business Standard

time11 hours ago

  • Business
  • Business Standard

Greenzo Energy receives order worth ₹320 crore from Oswal Energies

Clean-tech company Greenzo Energy on Wednesday said it has secured an order worth Rs 320 crore from Oswal Energies Limited for the supply of electrolysers and balance of plant equipment for a 20 MW green hydrogen facility in Gujarat, taking the company's total order book to Rs 1,800 cr. As part of the order, Greenzo Energy will execute the Engineering, Procurement, and Construction (EPC) of project, which is to be completed over a period of next 12-15 months, the company said. "Greenzo Energy will manufacture and deliver its indigenously developed electrolysers and integrated balance of plant (BoP) systems, leveraging its expertise in scalable and high-efficiency hydrogen solutions," it said. Electrolysers and BoP equipment will be supplied to the upcoming green hydrogen facility in Kalol and Kutch. Balance of Plant (BoP) equipment comprises systems used across industries to support the main equipment. Sandeep Agarwal, Managing Director, Greenzo Energy India said, "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." Ratan Bokadia, Managing Director of Oswal Energies, said: "This order marks more than a business transaction. 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." With the order the Greenzo order book stands at Rs 1,800 crore. Greenzo Energy is of the country's leading manufacturers of electrolysers and integrated hydrogen systems.

Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project
Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project

Time of India

time16 hours ago

  • Business
  • Time of India

Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project

New Delhi: Greenzo Energy India Ltd. has secured an order worth ₹320 crore from Oswal Energies Ltd. for supplying electrolysers and Balance of Plant (BoP) equipment for a 20 MW green hydrogen facility, the company said in a statement. The project will be executed under the Build-Operate-Transfer (BOT) model. Greenzo Energy will manufacture and supply indigenously developed electrolysers and BoP systems, while Oswal Energies will undertake engineering, procurement and construction (EPC) responsibilities. '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,' said Ratan Bokadia, Managing Director, Oswal Energies. '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,' said Sandeep Agarwal, Managing Director, Greenzo Energy India Ltd. Greenzo Energy manufactures electrolysers and integrated hydrogen systems and offers turnkey clean energy solutions . The company focuses on indigenous innovation and cost-efficient green hydrogen production through BOT models for deployment across sectors including chemicals, refineries and mobility. Oswal Energies, established in 2013 and headquartered in Ahmedabad, is an EPC firm operating in oil, gas and clean energy sectors. The company has executed over 250 projects globally across upstream, midstream and downstream hydrocarbon facilities as well as green hydrogen, carbon capture, and compressed biogas installations. It services clients including Shell, ExxonMobil, ONGC, Linde, and Cairn Oil & Gas.

D&J-Denimsandjeans Vitenam 7th Edition
D&J-Denimsandjeans Vitenam 7th Edition

Fashion Value Chain

time3 days ago

  • Business
  • Fashion Value Chain

D&J-Denimsandjeans Vitenam 7th Edition

Denimsandjeans Vietnam show is an initiative of – a website dedicated to the world denim industry since 2007. Founded by Sandeep Agarwal who has been associated with denim since 1993- the website brings out the best in denim world – trends, analysis, reports on almost a daily basis for the service of the denim industry worldwide. The reports provided by over the last few years have been found quite useful by the industry players – designers, sourcing guys, mills, buyers etc.

Noida man loses ₹48 lakh in forex trading fraud
Noida man loses ₹48 lakh in forex trading fraud

Hindustan Times

time6 days ago

  • Business
  • Hindustan Times

Noida man loses ₹48 lakh in forex trading fraud

Noida: A 54-year-old man in Noida was allegedly duped of ₹48.60 lakh on the pretext of making a profit through forex trading, police said on Thursday. Police said the victim, Sandeep Agarwal, a resident of Sector 45, stated in his complaint that he was initiated into forex trading by a woman he had come into contact with on social media a few months ago. 'Initially I was not interested, but she kept insisting, and I opened a trading account. I was asked to deposit the money through some dealers,' the FIR cites him as saying. Police said the victim was told that he could only invest through a dealer, not directly. 'Initially, he made small investments and withdrew profit,' said cybercrime branch SHO Ranjeet Singh, adding but after she won his faith, he went on to invest ₹48.60 lakh. 'The victim realised he had been cheated on May 13 after fraudsters asked him to deposit tax to withdraw profit. He filed a police complaint, and a case of cheating and cheating by personation of the BNS and the IT Act was registered. Further investigation is on,' the SHO added.

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