Diversified renewable energy company ACME Group signed the land agreement with Tata Steel Special Economic Zone Limited (TSSEZL) for 343 acres for its Green Hydrogen and Green Ammonia project at the Gopalpur Industrial Park (GIP) in Odisha, making it the first ever Green Hydrogen project of the State. ACME Group plans to partner with Japan’s IHI Corporation for this project, the company stated on 24 August. ACME Group plans to set up a nearly 1.3 MTPA green ammonia production facility at GIP. This green ammonia will be produced from green hydrogen, and the production facilities will be powered by renewable power.
ACME Group will invest 270 billion rupees ($3.27 billion) to set up a green hydrogen and ammonia project, the Reuters reported.
Press release https://is.gd/pNJFWe
Photo courtesy of ACME Group