Matrix Gas and Renewables Ltd is set to invest ₹500 crore in establishing an electrolyser manufacturing facility at Sanand GIDC, Gujarat. The plant will have an initial production capacity of 350 MW, with full-scale operations commencing by July 2026.
📌 Key Highlights:
- 📍 Location: Sanand GIDC, Gujarat (25-acre facility)
- ⚡ Phase 1 Investment: ₹500 crore for 350 MW electrolyser capacity
- 🚀 Future Expansion: 3 GW capacity by 2030 with additional investments
- 💰 Govt. Support: Secured ₹440 crore under the Production-Linked Incentive (PLI) scheme for five years
- 🌱 India’s Green Hydrogen Push:
- 🇮🇳 National Green Hydrogen Mission aims for 5 MTPA capacity by 2030
- 🏭 Gujarat to contribute 3 MTPA towards this target
Chirag Kotecha, CEO of Matrix Gas, emphasized that this project aligns with India’s green energy goals, boosting domestic electrolyser production to support the growing hydrogen economy. 🌱⚡
#GreenHydrogen #RenewableEnergy #ElectrolyserManufacturing