Greenzo Energy India has raised approximately Rs 251 crore across three investment rounds to expand its green hydrogen technology and manufacturing operations. The funding will help the company increase electrolyser manufacturing capacity, strengthen domestic supply chains, and accelerate project execution in India and international markets.
Latest Funding Round Values Company at Rs 1,030 Crore
The company’s latest funding round raised Rs 130 crore and was led by investor Ashish Kacholia and his associates. The investment valued Greenzo Energy at approximately Rs 1,030 crore post-money. Other participants included Alchemy Longterm Venture Fund Series 3 and Lashit Sanghvi. Meanwhile, PARV And Co. served as the exclusive financial advisor for the transaction.
Funding to Strengthen Electrolyser Manufacturing
Greenzo Energy plans to deploy the fresh capital towards expanding its domestic electrolyser manufacturing capacity and strengthening backward integration. In addition, the company aims to accelerate project execution across domestic and international markets. These investments will support its efforts to scale manufacturing operations and meet growing demand for green hydrogen technologies.
250 MW Electrolyser Facility Supports Expansion
Greenzo Energy’s growth strategy centres on its electrolyser manufacturing facility at Sanand GIDC in Ahmedabad, Gujarat, which has an annual production capacity of 250 MW. The company has also executed megawatt-scale green hydrogen installations for Engineers India, Oswal Energies, and Jindal Stainless. These projects strengthen its experience in delivering green hydrogen solutions and support its expansion in India’s clean energy sector. As reported by projectstoday.ai, with fresh capital and established manufacturing capabilities, Greenzo Energy aims to strengthen its position in the green hydrogen market while supporting the development of India’s clean energy ecosystem.
