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Released October 03, 2022 | new delhi
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Researched by Industrial Info Resources (Sugar Land, Texas)--Avaada Group (Mumbai, India), one of India's leading integrated energy groups, with business interests ranging from manufacturing solar cells and electrolyzers to renewable power generation, has set out to invest $5 billion in setting up a new green hydrogen and green ammonia complex in India.
The facility in Kota, Rajasthan, will produce green hydrogen and 4 million tons per year of green ammonia through electrolyzers powered by renewable energy. Green methanol also will be produced. The project will be carried out in phases, with Phase I expected to be commissioned by 2026 and Phase II by 2030.
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The facility in Kota, Rajasthan, will produce green hydrogen and 4 million tons per year of green ammonia through electrolyzers powered by renewable energy. Green methanol also will be produced. The project will be carried out in phases, with Phase I expected to be commissioned by 2026 and Phase II by 2030.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for related 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).