Terminal News

AVAADA Group joins with Tata Steel SEZ for a green ammonia plant

Written by...

Picture of Molly Cooper

Molly Cooper

Journalist at Tank Storage Magazine.

Integrated energy company, AVAADA Group, has announced its initiative to establish a green hydrogen and ammonia manufacturing unit at Gopalpur Industrial Park, Odisha, India.A machine with pipes and blue tubes

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.

Share this article:

Latest terminal news

seven construction workers standing on white field
All News

Shell Announces Circular Plastics Factory

Shell Chemicals Park Moerdijk has announced a new factory in the Netherlands, that allows plastic that is difficult or impossible to recycle to be reused. With the so-called market development

Read More
Drone view of the tops of storage tanks.
All News

CB&I Awarded EPC Contract By Viva Energy

CB&I has been awarded a lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10 million litres (10,000 m3) diesel tanks and associated civil, structural,

Read More
All News

GTT Receives FSRU Order

GTT has received an order from a Korean shipyard for the tank design of a new floating storage and regasification unit (FSRU) on behalf of an Asian ship-owner. GTT will

Read More