Tata Metal Particular Financial Zone Restricted (TSSEZL) and HHP 5 Personal Restricted (Hygenco) on Friday inked a memorandum of understanding (MoU) to determine a inexperienced hydrogen and inexperienced ammonia undertaking at TSSEZL’s Gopalpur Industrial Park (GIP) in Odisha’s Ganjam district. Below the settlement, Hygenco will purchase land in Ganjam district to determine its inexperienced hydrogen, inexperienced ammonia, and derivatives unit, in keeping with the settlement.
Hygenco, identified for producing low-cost inexperienced hydrogen, goals to provide 1 million tonnes every year (1 MnTPA) from this plant in phases, with the preliminary section scheduled for commissioning by December 2026, it mentioned.
Manikanta Naik, managing director of TSSEZL, expressed satisfaction for having Hygenco onboard, noting that the entire dedicated capability of inexperienced hydrogen and inexperienced ammonia manufacturing on the industrial park now stands at round 2.6 MnTPA, solidifying it as a inexperienced hydrogen and ammonia hub in India.
Amit Bansal, founder and CEO of Hygenco, highlighted their goal to provide the lowest-cost inexperienced ammonia for purchasers and their strategic imaginative and prescient of being a dominant participant within the sector worldwide.
The inexperienced ammonia produced will likely be exported by means of the present Gopalpur port facility, with the utility hall, at present beneath growth, anticipated to reinforce logistics and pipeline connectivity for the undertaking.
Hygenco has already secured a number of long-term off-take agreements for inexperienced hydrogen in India, together with the nation’s first megawatt scale plant in Hisar, Haryana.
TSSEZL had beforehand signed comparable agreements with different producers for establishing inexperienced hydrogen and ammonia tasks of 1.6 MnTPA at Gopalpur Industrial Park.
