Oswal Energies vows Rs 320cr investment in green hydrogen

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Ahmedabad-based Oswal Energies has announced plans to invest Rs 320 crore over the next two years to establish infrastructure for the production, storage and transportation of green hydrogen.

To execute this initiative, Oswal Energies has partnered with Greenzo Energy for the manufacturing and supply of electrolysers in India, and with UK-based Sinclair for advanced storage and transport systems. The company said that this blend of domestic manufacturing and global expertise will enable the supply of green hydrogen to major industries.

A key highlight of the plan is the setting up of a 20 MW green hydrogen plant in Gujarat, expected to be operational within the next 12–15 months.

In addition, Oswal Energies will develop hydrogen plants ranging from 0.5 MW to 5 MW capacity under a Build-Operate-Transfer (BOT) model in the coming 12–18 months. Work has already commenced with the delivery of a 1 MW electrolyser stack.

The company stated that the investment reflects its commitment to clean energy infrastructure aligned with India’s broader green hydrogen roadmap. “By combining local manufacturing with global technology, we aim to contribute to India’s ambition of becoming a hub for green hydrogen,” the company said in an official statement.

The green hydrogen produced will primarily serve the chemical and fertilizer sectors, which are actively transitioning to sustainable energy solutions. With expertise in electrolysis technology and robust systems for storage and transport, Oswal Energies intends to create a complete hydrogen supply chain.

About Oswal Energies

Founded in 2013, Oswal Energies specializes in engineering, procurement and construction (EPC) and has successfully executed more than 250 projects across Asia, Europe and Africa. Its client base includes leading global companies such as Shell, ExxonMobil, ONGC, Linde and Cairn Oil & Gas.