AVAADA, TSSEZL sign MoU to set up green hydrogen, ammonia unit in Odisha. (Photo/ANI)Tata Steel Special Economic Zone Limited (TSSEZL) Limited and Avaada GreenH2 Private Limited, the Green Hydrogen arm of the integrated energy enterprise of Avaada Group, on Thursday, signed a Memorandum of Understanding (MoU) to establish a green hydrogen and green ammonia project at Gopalpur Industrial Park in Ganjam district of Odisha.
Under the definitive agreement, Avaada Group will acquire 120 acres of land in TSSEZL’s Gopalpur Industrial Park (GIP), to set up a 0.5 MTPA green hydrogen/ammonia production facility.
The MoU was signed between Manikanta Naik, Managing Director, TSSEZL, and Prashant Choubey, President, Avaada Group, in the presence of Hemant Sharma, Principal Secretary, Industries Department and Chairman, Odisha Industrial Infrastructure Development Corporation (IDCO) and Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), Government of Odisha, and Bhupendra Singh Poonia, IAS, Managing Director, IDCO & IPICOL.
Hemant Sharma, Principal Secretary, Industries Department and Chairman, IDCO & IPICOL stated, “Odisha’s roadmap for the green fuels sector is both comprehensive and ambitious. The addition of Avaada Group to our partnership ecosystem is an endorsement of our strategy. We welcome Avaada to the Odisha family and look forward to achieving new milestones together.”
This green ammonia will be produced from green hydrogen, and the production facilities will be powered by renewable energy.
