Released April 12, 2024 | NEW DELHI
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Researched by Industrial Info Resources (Sugar Land, Texas)--Welspun Group (Mumbai, India), a multinational conglomerate, has diverse businesses in pipes, textiles, infrastructure and steel and has now ventured into the country's green hydrogen, green ammonia and their derivatives and utilities space with a investment of around US$11.16 billion in 21 active projects.
The company has formed two subsidiaries, namely Welspun New Energy Limited and Welspun Godavari GH2 Private Limited, to carry out these upcoming projects. A project in Kendrapara will feature both green ammonia and hydrogen production and will house a hybrid wind-solar energy center. Construction is planned to begin next year, putting the facility on track for completion in 2027, when it will begin production of green hydrogen and 70,000 tons per year of green ammonia. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for the project reports.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
The company has formed two subsidiaries, namely Welspun New Energy Limited and Welspun Godavari GH2 Private Limited, to carry out these upcoming projects. A project in Kendrapara will feature both green ammonia and hydrogen production and will house a hybrid wind-solar energy center. Construction is planned to begin next year, putting the facility on track for completion in 2027, when it will begin production of green hydrogen and 70,000 tons per year of green ammonia. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for the project reports.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
