Odisha

Green Hydrogen Unit To Come Up In Odisha’s Gopalpur

By
OB Bureau

Bhubaneswar: Renewable energy company Avaada Group will set up a green hydrogen and ammonia manufacturing unit at Gopalpur Industrial Park (GIP) in Odisha’s Ganjam district.

The Tata Steel Special Economic Zone Limited (TSSEZL) inked a pact with Avaada GreenH2, the green hydrogen arm of integrated energy enterprise Avaada Group, on Thursday to establish the project with the support of the Industry department. The MoU was signed between Manikanta Naik, Managing Director, TSSEZL, and Prashant Choubey, President, Avaada Group, in the presence of Hemant Sharma, Principal Secretary, Industries Department and Chairman, Odisha Industrial Infrastructure Development Corporation (IDCO) and Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), Government of Odisha, and Bhupendra Singh Poonia, Managing Director, IDCO & IPICOL.

Under the definitive agreement, Avaada Group will acquire 120 acre in GIP to set up a 0.5 MTPA green hydrogen/ammonia production facility, which aims to curtail annual carbon dioxide emissions by nearly two million tonnes.

Stating that Odisha’s roadmap for the green fuels sector is both comprehensive and ambitious, Sharma said that the project will help generate a range of employment opportunities for the youth of the state. The project is slated to generate around 1,500 direct and 4,000 indirect job opportunities.

Founder and chairman of Avaada Group Vineet Mittal said the green hydrogen and ammonia produced at this facility will be exported to markets around the world from the existing Gopalpur port.

This green ammonia will be produced from green hydrogen, and the production facilities will be powered by renewable energy.

OB Bureau

Recent Posts

EdTech Company Physics Wallah Raises $210 Million In Series B, Valuation Soars To $2.8 Billion

Mumbai: EdTech company Physics Wallah (PW) has raised $210 million in a Series B funding…

September 20, 2024

India To Digitize Govt Vaccination Records: Oct Date For U-Win Portal Launch

New Delhi: The Health Ministry of the Central government is all set to digitize the…

September 20, 2024

20 Odisha Districts Affected By Floods, Damage Assessment Report In 7 Days, Says Minister

Bhubaneswar: Floods affected at least 20 districts in Odisha which recorded heavy rains due to…

September 20, 2024

The CBI Has Invited Supreme Court’s Ire: Know Why

New Delhi: The Supreme Court on Friday pulled up the Central Bureau of Investigation (CBI)…

September 20, 2024

India’s Got Wings To Fly: ISRO Chief After Cabinet Nod To Chandrayaan-4

New Delhi:  India has been given new wings to fly. That’s exactly what the Indian…

September 20, 2024

This Is How Sunita Williams Celebrated Her 59th Birthday In Space

New Delhi: NASA astronaut Sunita Williams celebrated her 59th birthday aboard the International Space Station…

September 20, 2024

ASI’s Ratna Bhandar Survey Begins Tomorrow, Darshan Restricted At Jagannath Temple For 3 Days: Check Timings Here

Puri: The Archaeological Survey of India (ASI) will conduct survey of Ratna Bhandar (the sacred…

September 20, 2024

Police Begin Probe Into Engineering Student Death In Bhubaneswar; College Dismisses Ragging Allegation

Bhubaneswar: While police have registered a murder case in connection with the death of a…

September 20, 2024