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AVAADA Group announces initiative to establish green hydrogen and ammonia manufacturing unit

Published by , Editorial Assistant
Global Hydrogen Review,


AVAADA Group has announced its initiative to establish a green hydrogen and ammonia manufacturing unit at Gopalpur Industrial Park, Odisha, India. This significant move comes in the wake of a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone Limited (TSSEZL).

The collaboration is geared towards fast-tracking the shift to green energy and bolstering India's ambition to emerge as a global green hydrogen manufacturing hub. "The MoU is a crucial milestone in our journey towards the fruition of our green ammonia venture," remarked Vineet Mittal, Chairman of AVAADA Group.

"In light of the support and robust initiatives from the Government of Odisha, I am actively encouraging all division heads within our group to amplify investments across various sectors in the state. The government officials in Odisha are not just regulators but facilitators, offering hands-on guidance through every step of the business process," added Mittal.

The project is expected to generate around 1600 direct and 4000 indirect employment opportunities. Moreover, it aims to curtail annual carbon dioxide (CO2) emissions by nearly 2 million t, thereby contributing significantly to a greener and more prosperous future.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/08092023/avaada-group-announces-initiative-to-establish-green-hydrogen-and-ammonia-manufacturing-unit/

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