Integrated energy company, 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) inked 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.
Vineet Mittal, chairman of AVAADA Group says: In light of the unparalleled 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 project is slated to generate around 1,600 direct and 4,000 indirect employment opportunities. Moreover, it aims to curtail annual carbon dioxide emissions by nearly 2 million tonnes, thereby contributing significantly to a greener and more prosperous future.
