Hygenco Green Energies Sets High Ambitions in India with Green Ammonia Plant
Key Ideas
  • Hygenco Green Energies inaugurates a green ammonia plant in Odisha, India, with plans to produce 1.1 million tonnes of green ammonia per year.
  • The company aims to set new standards in India's industrial decarbonisation efforts, following the launch of a green hydrogen plant in Hisar.
  • Hygenco plans to develop 10GW of production and distribution assets by 2030, with a significant investment of up to $2.5bn in green hydrogen and green ammonia projects.
  • India also aims to reach 5 million tonnes of annual green hydrogen production by 2030, aligning with Hygenco's ambitious goals.
Hygenco Green Energies, a hydrogen company based in India, has recently unveiled a green ammonia plant in the Odisha region. This facility, situated in the Gopalpur Industrial Park, has a vision to produce 1.1 million tonnes of green ammonia annually once it is fully operational. Hygenco's choice of Denmark-based Topsoe as the licensor for this plant marks a significant step in its journey towards sustainable energy production. Notably, the company had previously launched a commercial green hydrogen plant in Hisar in the previous year, showcasing its commitment to green energy solutions. Amit Bansal, the co-founder and CEO of Hygenco, expressed the company's dedication to establishing new standards in India's industrial decarbonisation initiatives. With aspirations to create 10GW of production and distribution assets by 2030, Hygenco also plans to allocate up to $2.5 billion towards green hydrogen and green ammonia ventures. This substantial investment underscores the company's strategic focus on sustainable energy projects. Furthermore, India's target of achieving 5 million tonnes of annual green hydrogen production by 2030 aligns with Hygenco's ambitious objectives, highlighting a collective commitment towards a cleaner and greener future.
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