Search
Close this search box.

Terminal News

Avaada Group sign MoU with Gopalpur Port for green ammonia

Written by...

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