Bhubaneswar: Tata Steel Special Economic Zone Limited (TSSEZL) and HHP Five Private Limited (Hygenco) have signed a memorandum of understanding (MoU) to set up a green hydrogen and green ammonia project at TSSEZL’s Gopalpur Industrial Park (GIP) in Odisha’s Ganjam district.
Under this agreement, Hygenco will acquire land in GIP to set up the green hydrogen, green ammonia and derivatives unit.
Hygenco, a pioneer in producing low-cost green hydrogen, aims to produce 1 million tonnes per annum (1 MnTPA) from this plant, in phases.
The target to commission the initial phase of the project is December 2026.
“We are very happy to have Hygenco on board with us. With this, the total committed capacity of green hydrogen and green ammonia manufacturing at the Industrial Park is now around 2.6 MnTPA. This solidifies our Industrial Park as a green hydrogen and ammonia hub in India. Our endeavor has been to create a conducive environment where our customers find the necessary infrastructure to conduct their business, as we continue to work on further strengthening the offerings at GIP. The augmentation of the power and water infrastructure, which is critical to the green hydrogen and ammonia industries, will further facilitate the green fuel sector,” said TSSEZL Managing Director Manikanta Naik.
Hygenco Founder and CEO Amit Bansal said the company will use its superior technology in this project.
“Having already demonstrated our mettle by commissioning India’s first green hydrogen project earlier this year, we will extend the application of our superior technology to this project, thereby producing the lowest-cost green ammonia for our clients. In line with our strategic vision of being a dominant player in this sector worldwide, the produce from this plant in the initial phase will be exported, for which advanced discussions with various clients are already taking place,” Bansal spe;lt out.
Green ammonia produced at this new plant will be exported through Gopalpur Port, located close to GIP.
Bhubaneswar: Tigress Zeenat, who travelled nearly 200 km over two weeks from Odisha's Similipal, avoiding…
Bhubaneswar: The Odisha Government has dissolved the governing bodies or managing committees of all Non-Government…
New Delhi: President Droupadi Murmu on Monday appointed former Supreme Court judge Justice V Ramasubramanian…
Bhubaneswar: Marking a significant development in eco-friendly transport in Odisha, a tripartite Memorandum of Understanding…
Mumbai: After veteran actor Mukesh Khanna, noted poet Kumar Vishwas left netizens irked with his…
Bhubaneswar: A major fire erupted at a pressure cooker company godown at Satyanagar in Bhubaneswar…
This website uses cookies.