Parshwa Power (Shree Nakoda Parshwa Industries).
Problem: The world’s dependence on fossil fuels is driving climate change and depleting natural resources, while current green hydrogen generation methods are costly and inefficient. Solution: Parshwa Power developed a cost-effective, portable method to generate 100% pure green hydrogen for under $1 per unit using a unique, recyclable formulation that works anywhere without external energy. This innovation addresses hydrogen production, storage, and transport challenges.
New Industry And Energy
Hydrogen energy
The estimated duration for implementing Parshwa Power's green hydrogen technology varies based on scale and infrastructure but typically ranges from 6 to 12 months for initial deployment and scaling.
Parshwa Power's green hydrogen technology is primarily targeted for implementation in India, leveraging abundant local resources. The solution is scalable and can be deployed globally, particularly in regions focusing on clean energy and sustainability.
Parshwa Power’s competitive advantages include low-cost hydrogen production (under $1 per unit), portable generation anywhere without external energy, recyclable by-products, and reliance on abundant local raw materials, making it highly scalable and efficient compared to traditional methods.
Parshwa Power has been recognized with awards like: Best Startup Award from JITO Startup and Startup Karnataka Best Engineering Award (VTU) Hescom Board Award for innovation in fault detection in transformers The company has also garnered endorsements from top industrial leaders, including: Natarajan Chandrasekaran, Chairman of Tata Sons Mukesh Ambani, MD of Reliance Industries Gautam Adani, MD of the Adani Group Their work has been featured in various media articles, underscoring their influence in the green hydrogen sector.
Parshwa Power’s scientific works include: Published research on their green hydrogen generation technology and its efficiency. Studies validating the technology’s scalability and thermodynamic properties. The company holds intellectual property rights related to: The unique formulation and process for hydrogen generation. Patents covering the technology and its application in green hydrogen production.
