Green Energy

Avaada Group’s Green Hydrogen Project inaugurated by Odisha CM Naveen Patnaik

Odisha Chief Minister Naveen Patnaik inaugurated the groundbreaking ceremony for Avaada Group’s green hydrogen project in Gopalpur, Ganjam district. This substantial venture, requiring an investment of Rs 8,000 crore, mirrors India’s ambition to become a leading global hub for green hydrogen production.

Expected to have profound economic and social implications, the project is anticipated to generate approximately 1,600 direct jobs and 4,000 indirect employment opportunities during its implementation phase.

Strategically situated near the Gopalpur deep-sea port, Avaada Group’s green ammonia storage facility will facilitate the export of green hydrogen, contributing to the global endeavor to achieve Net Zero emissions, particularly in challenging sectors worldwide. Scheduled for completion by December 2026, the project underscores the company’s commitment to sustainable energy practices.

Vineet Mittal, Chairman, Avaada Group, expressed appreciation for the support provided by the Odisha government in realizing this ambitious endeavor. He underscored the importance of green ammonia as a clean and renewable alternative across various sectors, including agriculture, transportation, and industry.

Aligned with India’s commitment to reducing greenhouse gas emissions as per the Paris Agreement, Avaada’s green hydrogen initiative not only advances Odisha’s renewable energy goals but also stimulates job growth and economic development in the region.

Amid escalating global efforts to address climate change, Avaada remains resolute in its dedication to pioneering sustainable energy solutions. The project signifies a significant stride toward mitigating carbon emissions and promoting a more environmentally friendly economy. By harnessing renewable energy sources, the initiative aims to produce green ammonia while mitigating the adverse environmental effects associated with conventional methods.

Avaada Group’s investment in the green hydrogen sector in Odisha reflects its ongoing efforts to establish a robust green hydrogen ecosystem in the state.

The foundation stone-laying ceremony witnessed the presence of dignitaries, stakeholders, and representatives from various sectors, highlighting the pivotal role of this milestone in advancing sustainable energy initiatives in the region.

Subhash Yadav

Recent Posts

Rajasthan, Gujarat and Tamil Nadu Emerge as India’s Top Green Job Destinations: IPE Study

A new study by IPE Global has warned that the ongoing West Asia crisis could…

1 day ago

Spray Engineering Devices Ltd (SED) secures Rs 150 crore from Centre to build 2G ethanol facility in Uttar Pradesh

Spray Engineering Devices Ltd (SED) has announced to have secured approval for Rs 150 crore…

1 day ago

Srichakra Polyplast sets-up two recycling facilities with Germany’s Lindner Washtech

Hyderabad based plastic recycling pioneers Srichakra Polyplast has announced to have strengthened its recycling capabilities…

1 day ago

Siyaram Recycling secures $426,000 export order for ‘Brass Billets’

Delhi based Siyaram Recycling Industries Ltd has secured an export order valued at $426,000 from…

1 day ago

IIT Madras extracts valuable metals from e-waste with new technology

Researchers at IIT Madras have designed and developed an indigenous pilot plant capable of processing…

1 day ago

UltraTech Expands Green Logistics Fleet with 45 Electric Trucks Across North India

UltraTech Cement Limited, one of the world’s largest cement company by sales volume and capacity,…

1 day ago