Berhampur: Avaada Group, one of the leading renewable energy companies, will set up a cutting-edge Green Hydrogen and Ammonia manufacturing unit at Gopalpur Industrial Park in Tata Steel Special Economic Zone Limited (TSSEZL) in Odisha’s Ganjam district.
Avaada GreenH2 Pvt Ltd, the green hydrogen arm of integrated energy enterprise Avaada Group, has inked an agreement with TSSEZL for the unit at the industrial park in Gopalpur.
As per the agreement, Avaada Group will acquire 120 acre of land in TSSEZL to set up a 0.5 MTPA green hydrogen/ammonia production facility.
Founder and chairman of Avaada Group Vineet Mittal said the green hydrogen and ammonia produced at this facility will be exported to markets around the world from the existing Gopalpur port. The utility corridor between Gopalpur Industrial Park and Gopalpur port will provide a dedicated path for smooth logistics and pipeline connectivity.
‘In light of the unparalleled support and robust initiatives from the Government of Odisha, I am actively encouraging all division heads within our group to amplify investments across various sectors in the state. The government officials in Odisha are not just regulators but facilitators, offering hands-on guidance through every step of the business process’, he said.
Principal Secretary of the Industries Department Hemant Sharma said Odisha’s roadmap for the green fuels sector is both comprehensive and ambitious.
The project plans to create approximately 1,600 direct and 4,000 indirect job opportunities and intends to reduce annual carbon dioxide emissions by nearly 2 million tonnes.
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