Search
Close this search box.

Terminal News

Avaada Group sign MoU with Gopalpur Port for green ammonia

Written by...

Picture of Molly Cooper

Molly Cooper

Journalist at Tank Storage Magazine.

India’s prominent integrated energy platform, Avaada Group, has signed memorandum of understanding (MoU) with Gopalpur Port.

This strategic alliance aims to establish a storage facility dedicated to storing green ammonia at the Gopalpur port, India.

Flag in the windThe signing of this MoU represents a significant leap forward, enabling the port to become a vital hub for exporting green ammonia, a key component in the global effort to combat climate change.

Avaada Group’s commitment to green initiatives in the state of Odisha is underscored by substantial investments in the development of a robust green hydrogen ecosystem. In a notable move last month, the group forged another significant partnership by signing an MoU with TSSEZL (Tata Steel Special Economic Zone Ltd.) to establish a green ammonia manufacturing facility within the Special Economic Zone (SEZ).

Vineet Mittal, chairman of Avaada Group says: ‘Our primary goal is to establish an advanced storage facility for Green hydrogen and its derivatives. With each molecule of green hydrogen, we produce and supply to hard-to-abate industries and transportation, we contribute to the transformation of our world.’

Share this article:

Latest terminal news

All News

Vasiliko LNG Terminated

Chinese-led construction firm CPP-Metron Consortium (CMC) has announced that the Vasiliko liquified natural gas (LNG) project in the island of Lefkada, Greece, has been terminated. Cyprus’s Energy Minister George Papanastasiou

Read More
Tank terminal facility with grey skies and smoke
All News

CTS Wins Terminal Contract

CTS has been awarded a major contract for CTS1W-20IT innovative tank seal combinations and Drainmaster equipped drain lines for six new 92 meter diameter external floating roof tanks to be

Read More
white and black ship at dusk
All News

Bechtel Wins Sempra Port Arthur EPC Contract

Sempra Infrastructure, a subsidiary of Sempra, has announced that Port Arthur LNG Phase 2 and Bechtel Energy (Bechtel) have signed a fixed-price engineering, procurement and construction (EPC) contract for the

Read More