Tata Steel's Gopalpur Industrial Park Joins Global Initiative for Green Energy and Economic Growth in Odisha
Key Ideas
- Tata Steel Special Economic Zone's Gopalpur Industrial Park joins the Transitioning Industrial Clusters Initiative by the World Economic Forum to reduce CO2 emissions while promoting economic growth and job creation.
- GIP in Odisha is focusing on green hydrogen, green ammonia, and green energy equipment manufacturing, aligning with India's National Green Hydrogen Mission.
- The park has earmarked 25% of its land for green hydrogen/ammonia and renewable energy sectors, expecting to contribute around 10% of India's green hydrogen/ammonia production target by 2030.
- GIP's infrastructure plan includes an exclusive utility corridor to Gopalpur Port for efficient transportation of green ammonia for global exports, with estimated investments exceeding Rs 27,000 crore.
Tata Steel Special Economic Zone's Gopalpur Industrial Park in Odisha, India, has joined the World Economic Forum's Transitioning Industrial Clusters Initiative to reduce CO2 emissions and drive economic growth. This initiative, in collaboration with Accenture and EPRI, aims to accelerate large-scale decarbonisation by fostering sustainability and green innovation. GIP is becoming a hub for green hydrogen, green ammonia, and green energy equipment manufacturing, aligning with India's National Green Hydrogen Mission. The park's Managing Director, Manikanta Naik, highlighted GIP's commitment to sustainability and clean energy targets. Around 25% of GIP's land is dedicated to green hydrogen/ammonia and renewable energy sectors, with agreements signed with multiple green hydrogen players. The park plans to contribute significantly to India's green hydrogen/ammonia production target by 2030. GIP's infrastructure master plan includes an exclusive utility corridor to ensure efficient transportation of green ammonia for global exports.
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Certification
Renewable Energy
Infrastructure
Sustainability
Economic Development
Green Innovation
Industrialization
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