USD 50 million investment planned by Greenzo Energy
Renewable energy firm Greenzo Energy would invest USD 50 million to manufacture 250 MW of anion exchange membrane (AEM) electrolyzers per year and the balance of plant (BOP) in the Sanand-II Industrial Estate in Gujarat.
In a statement, the firm said, "We aim to set up a cost-effective green electrolysis plant, supporting green hydrogen projects, and making our nation self-sufficient in the hydrogen initiative".
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