Hygenco Green Industries Pvt Ltd., an Indian company that develops green hydrogen and green ammonia assets., has entered an agreement with Tata Steel Special Economic Zone Ltd. (TSSEZL) for the development of a green ammonia plant at Gopalpur Industrial Park in Odisha, India, according to a May 3 company statement.
The facility will have an annual capacity of 1.1 million mt of green ammonia. Hygenco aims to commission the initial phase of the project by December 2026. Hygenco commissioned the Green Hydrogen project in Hisar earlier this year and is looking to invest $2.5 billion over three years to set up Green Hydrogen projects in India.
“Having already demonstrated our mettle in the space of Green Hydrogen by commissioning India’s first Green Hydrogen project earlier this year, we will extend application of our superior technology to this project, thereby producing the lowest cost Green Ammonia for our clients,” said Hygenco CEO Amit Bansal.
“In line with our strategic vision of being a dominant player in this sector worldwide, the product from this plant, in the initial phase, will be predominantly exported for which advanced discussions with various off takers are already taking place,” Bansal added.
“We are very happy to have Hygenco on board with us at the Industrial Park,” said Manikanta Naik, TSSEZL Managing Director. “This solidifies our Industrial Park as a potential green hydrogen/ammonia hub of the country.”