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Company Overview
GreenZo Energy India Limited is an emerging player in India’s renewable energy landscape, with a strong focus on innovative and sustainable solutions. Since its inception, the company has consistently marked key milestones across the hydropower, solar, and green hydrogen sectors, showcasing its adaptability and technical prowess in clean energy infrastructure.
Company Timeline & Milestones
| Year | Milestone | Details |
|---|---|---|
| 2020 | Hydropower Consultancy | Initiated operations by providing consultancy for hydropower projects, laying the foundation for renewable energy expertise. |
| 2021 | Nepal’s First Solar Project | Commissioned Nepal’s first solar plant (12.25 MW), marking a major international breakthrough. |
| 2022 | Solar Consultancy Expansion | Successfully delivered over 200 MW in solar project consultancy and installations, strengthening its market presence. |
| 2022 | Electrolyser Manufacturing Entry | Commenced plans to manufacture electrolysers to support India’s green hydrogen mission. |
| 2023 | Green Hydrogen Projects | Launched multiple green hydrogen initiatives, contributing to decarbonization efforts globally. |
Services Offered by GreenZo
1. Electrolyser Manufacturing & BOP Solutions
Technology & Scope: Proprietary PEM electrolyser technology; design and delivery of hydrogen generation systems.
End-to-End Solutions: Project design, integration, financing, licensing, operations, and optimization for hydrogen storage and transport.
Manufacturing Facility:
Location: Sanand, Gujarat
Groundbreaking: 24 Oct 2023
Phase-1 Investment: ₹100 Cr
Production Capacity: 250 MW (planned)
| Key Features of Electrolyser Services |
|---|
| Proprietary MW-scale PEM electrolyser technology |
| Custom solutions for hydrogen generation & storage |
| Project licensing and financing support |
| Plant operations, O&M, and daily output assurance |
| Integration with solar/wind plants |
| Hydrogen compression & methanation capabilities |
2. Renewable Energy EPC Services
Solar, wind, and hydropower turnkey solutions.
Includes system design, procurement assistance, and installation.
3. Green Hydrogen & Ammonia Consultancy
Scope: Demand-supply mapping, infrastructure analysis, export potential, feasibility reports.
Coverage: Includes port facilities, pipelines, storage depots, and raw material availability.
4. Fuel Cell Solutions
Hydrogen-based fuel cell systems for energy generation.
Applications include mobility, industrial, and backup power systems.
C) Key Projects Executed
| Project | Capacity |
|---|---|
| API Power Company Limited | 4 MW AC / 4.8 MW DC |
| Eco Power Dev. Co. – Dhalkebar | 12.25 MW |
| API Power – Dhalkebar Phase II | Not disclosed |
| Chandranigahapur | 5 MW |
| Dhalkebar Phase I | 1.25 MW |
D) Key Concepts in Green Energy
| Term | Definition & Applications |
|---|---|
| Green Hydrogen | Produced via electrolysis using renewable energy. Applications: energy storage, clean transportation, industrial feedstock. |
| Ammonia | Compound (NH₃) used in fertilizers, energy storage, and as a hydrogen carrier. “Green ammonia” uses green hydrogen in its synthesis. |
| Electrolyser | Device that splits water into hydrogen & oxygen using electricity. Types: Alkaline, PEM, Solid Oxide. |
| Fuel Cell | Converts hydrogen’s chemical energy into electricity. Types include PEM, SOFC, and Alkaline fuel cells. Used in FCEVs and backup power. |
E) Management Team
| Name | Designation | Background |
|---|---|---|
| Mr. Sandeep Agarwal | Founder & President | M.Tech; visionary in green technologies and renewable energy |
| Mr. Raj Kumar Agarwal | Sr. Vice President | Ex-AGM NTPC; extensive experience in power generation and strategy |
Fundamentals
| Particulars | Details | Particulars | Details |
|---|---|---|---|
| Share Price | ₹645 per share | Face Value | ₹10 |
| Lot Size | 100 shares | Total Shares | 1,18,52,331 |
| 52-Week High | ₹745 | 52-Week Low | ₹645 |
| Market Cap | ₹764 crore (approx.) | Book Value | Not Available |
| P/E Ratio | Not Applicable | P/B Ratio | 0 |
| Debt to Equity | Not Available | ROE (%) | Not Available |
| ISIN | INE0OA401013 | PAN | AAKCG1555H |
| Depository | NSDL & CDSL | RTA | Maashitla Securities Pvt. Ltd. |
| CIN | U29309DL2022PLC407203 | Incorporation Year | 2022 |
Promoters & Managements
| Name | Designation |
|---|---|
| Ankur Tandon | Managing Director |
| Neha Tandon | Director |
| Shivani Rathi | Independent Director |
| Varun Khurana | Technical Advisor |
NA
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Share Holding Pattern
| Category | No. of Shares | % of Total Holding |
|---|---|---|
| Promoters & Promoter Group | 91,36,217 | 77.09% |
| Public Shareholders | 27,48,114 | 22.91% |
| Total | 1,18,52,331 | 100% |
