New Delhi/Ahmedabad : Greenzo Energy India Limited, India Leading Manufacturer of Hydrogen Electrolysers, has announced a ₹320 crore order from Oswal Energies Limited for the supply of electrolysers and Balance of Plant (BoP) equipment for a 20 MW green hydrogen facility. The project will be executed under a Build-Operate-Transfer (BOT) model and marks a significant milestone in India’s green energy transition.
As part of this collaboration, Greenzo Energy will manufacture and deliver its indigenously developed electrolysers and integrated BoP systems, leveraging its expertise in scalable and high-efficiency hydrogen solutions. Oswal Industries, a renowned EPC and project management player with global credentials in the hydrocarbon and energy sectors, will lead the engineering, procurement, and construction aspects of the project.
Mr. Ratan Bokadia, Managing Director of Oswal Energies, commented:
“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.”
Commenting on the development, Mr. Sandeep Agarwal, Managing Director, Greenzo Energy India Ltd., said:
“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.”
The Oswal-Greenzo alliance is seen as a powerful convergence of cutting-edge manufacturing and EPC execution, paving the way for India’s emergence as a global hub for green hydrogen.
Greenzo Energy India Ltd. is a pioneering clean-tech company committed to accelerating India’s transition to a sustainable, green hydrogen-powered future. As one of the country’s leading manufacturers of electrolysers and integrated hydrogen systems, Greenzo Energy focuses on indigenous innovation, scalable solutions, and cost-efficient green hydrogen production. The company offers turnkey solutions including Build-Operate-Transfer (BOT) models and collaborates with leading industries in chemical, refinery, and mobility sectors to deploy next-generation hydrogen infrastructure. Greenzo’s vision is to establish India as a global hub for green hydrogen technology.
Oswal Energies Limited, established in January 2013 and headquartered in Ahmedabad, Gujarat, is a leading Engineering, Procurement & Construction (EPC) company with a sharp focus on the oil, gas, and clean energy sectors . Born from a modest fabrication setup, Oswal has since evolved into a trusted full spectrum EPC partner—delivering turnkey solutions from concept to commissioning in upstream, midstream, and downstream hydrocarbon facilities, as well as clean energy systems like green hydrogen, carbon capture, and compressed biogas.
With a diverse portfolio spanning surface facilities, gas processing plants, early production facilities, dehydration units, pipelines, process skids, and heavy-engineering modules, Oswal Energies has successfully executed over 250 projects across brownfield and greenfield sites, earning praise for quality, safety, and on time delivery. Operating across Asia, Europe, and Africa, it services major clients including Shell, ExxonMobil, ONGC, Linde, and Cairn Oil & Gas.
