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GreenZo Energy plans to set up electrolyser factory

Thursday, 02 Jun 2022
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GreenZo Energy is planning to make an investment of up to Rs 400 crore to set up a 250 MW electrolyser factory. 
 
The company will also spend an amount of Rs 70 crore on the research and development (R&D) for the production of the green hydrogen electrolyzer in 2022-23. 
 
The company plans to set up a 250 MW electrolyser factory, which will take up investment of Rs three to four billion by the end of 2025. 
 
This will ensure the availability of end-to-end solutions within the country and cut down dependence on imports for this key equipment.
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