Greenzo Energy, Lord's Mark Industries Sign MoU for 60 MW Green Hydrogen Projects in Uttar Pradesh

Greenzo Energy India Limited and Lord's Mark Industries Limited have signed a Memorandum of Understanding (MoU) to jointly develop green hydrogen and renewable energy projects across Uttar Pradesh.

Under the agreement, the companies will collaborate on developing approximately 60 MW of green hydrogen capacity, along with integrated solar rooftop projects coupled with battery energy storage systems, across key locations including Gorakhpur, Aligarh, Jhansi, and Lucknow.

As part of the partnership, Greenzo Energy will serve as the technology and EPC partner, responsible for engineering, procurement, construction, and commissioning of the projects. Lord's Mark Industries will act as the project developer and investor, overseeing financing, regulatory approvals, project development, and commercial structuring.

This collaboration builds upon Lord's Mark Industries' earlier MoU with the Government of Uttar Pradesh for renewable energy development, involving an estimated investment of over ₹2,000 crore. The partnership marks a significant step toward strengthening green hydrogen infrastructure in the state and accelerating industrial decarbonisation.

Commenting on the development, Mr. Sandeep Agarwal, Managing Director, Greenzo Energy India Limited, said, "This collaboration represents an important step in accelerating the deployment of green hydrogen infrastructure at scale. By combining our indigenous hydrogen technology and EPC expertise with Lord's Mark's strong project development capabilities, we aim to support Uttar Pradesh's renewable energy vision and contribute meaningfully to India's clean energy and decarbonisation objectives."

Mr. Sachidanand Upadhyay, Managing Director, Lord's Mark Industries Limited, added, "Our partnership with Greenzo Energy brings together strong development expertise and proven hydrogen technology capabilities. This collaboration aligns with Uttar Pradesh's renewable energy roadmap and will help execute large-scale, sustainable green hydrogen projects delivering long-term economic and environmental benefits."

The MoU is valid for a period of five years and provides a structured framework for joint participation in upcoming green hydrogen and renewable energy opportunities in the state.

This strategic alliance further reinforces Greenzo Energy's growing role in delivering scalable, indigenous, and commercially viable hydrogen solutions across India, while strengthening Uttar Pradesh's position as an emerging hub for clean energy investments.

Source : Equity Bulls

Keywords

LordsMarkIndustries MoU GreenzoEnergyIndia