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Oswal Greenzo Energies has secured a contract for a 5 MW green hydrogen plant at Deendayal Port, Kandla, making it India's first major port-based green hydrogen facility. The project, part of the Government of India's Sagarmala Initiative, will be developed on an EPC basis with future expansion potential up to 10 MW.

Once operational, the plant is expected to produce around 800 tonnes of green hydrogen annually, contributing to clean energy efforts in port operations and the mobility sector. Oswal Greenzo Energies, a joint venture of Oswal Energies Ltd and Greenzo Energy India Ltd, leverages Greenzo's electrolyzer manufacturing and Oswal's project execution expertise. Previous projects include a 1 MW green hydrogen facility and additional projects currently under construction.