Hygenco Green Energies Expands Clean Energy Footprint in Odisha with Green Ammonia Plant
Key Ideas
  • Hygenco's Green Ammonia plant in Gopalpur, Odisha, with a planned capacity of 1.1 million tonnes per year, marks a significant step towards clean energy development in India.
  • The phased approach of the project, with three phases leading to full capacity by 2030, demonstrates Hygenco's commitment to green hydrogen derivatives and global decarbonization.
  • The location near Gopalpur port benefits both domestic and international markets and is set to create local employment opportunities during construction and operation.
  • Amit Bansal, the Co-founder and CEO of Hygenco, highlights how the venture into Green Ammonia aligns with the company's mission of driving industrial decarbonization and fostering a self-reliant energy future for India.
HHP Five Private Limited, a subsidiary of Hygenco Green Energies Pvt Ltd, held a foundation-laying ceremony for its Green Ammonia plant in Gopalpur, Odisha, signifying a major advancement in clean energy endeavors. The event, graced by Odisha's Chief Minister and industry stakeholders, solidified Odisha's position as a hub for sustainable energy initiatives, enhancing the country's low-carbon industrial landscape. Hygenco's project entails the development of a green ammonia production facility with a planned capacity of 1.1 million tonnes yearly, to be executed in three progressive phases. The company's strategic approach underscores its dedication to green hydrogen derivatives and global sustainability objectives. By leveraging its success in Green Hydrogen, Hygenco aims to support industrial decarbonization and boost export potential through the Green Ammonia venture. The location of the plant near Gopalpur port not only caters to local markets but also positions India for international trade opportunities. Amit Bansal, Hygenco's CEO, emphasized the company's aim of fostering energy independence while contributing to emission reductions in the steel sector. Hygenco's focus on cost-effective green hydrogen and ammonia infrastructure, with plans to deploy 10 GW by 2030, showcases its commitment to advancing India's climate and energy targets.
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