ACME Group to set up green hydrogen unit at Tata’s Gopalpur Industrial Park in Odisha
This will be the largest single-location green hydrogen and its derivatives manufacturing facility in the country, according to an official source.
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The green ammonia produced at this facility will be exported to markets in the west and east from the existing Gopalpur port, located near the industrial park. (Representative/Express Photo) The Tata Steel Special Economic Zone Limited (TSSEZL) and ACME Group on Friday signed a memorandum of understanding to establish Odisha’s first green hydrogen and green ammonia project at the Gopalpur Industrial Park in Odisha.
This will be the largest single-location green hydrogen and its derivatives manufacturing facility in the country, according to an official source.
According to the MoU, the ACME Group will acquire 343 acres of land in TSSEZL’s Gopalpur Industrial Park located in Ganjam district to set up the unit with an investment of Rs 27,000 crore in phases. Initially, it will invest around Rs 5,000 crore, said a company official. ACME Group plans to set up a nearly 1.3 MTPA green ammonia production facility at Gopalpur.
“We have planned to make Odisha the hub in production of green hydrogen and green ammonia and a leader state in green fuel economy. The state government is firmly committed to green energy, recognizing it as the fulcrum of our future. To catalyse this vision, we’re offering best-in-class incentives. Our progressive policy is a testament to our dedication towards a sustainable and prosperous future,” said Odisha’s industries secretary Hemant Sharma on the occasion.
This green ammonia will be produced from green hydrogen, and the production facilities will be powered by renewable power. The green ammonia produced at this facility will be exported to markets in the west and east from the existing Gopalpur port, located near the industrial park.
TSSEZL, a subsidiary of Tata Steel, provides plug-and-play infrastructure, multi-modal logistics connectivity, ready environmental clearance, and a clear land title to prospective investors.
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