Avaada Group and Casale Partner to Develop Green Ammonia Plant in Odisha
Key Ideas
- Avaada Group and Casale collaborate to build a cutting-edge green ammonia plant with a production capacity of 1,500 tons per day in Gopalpur, Odisha.
- The plant will run entirely on renewable energy, ensuring a carbon-free production process, thanks to Casale's advanced technology.
- Avaada's commitment to invest ₹20,700 crore in green energy initiatives in Odisha showcases its dedication to sustainable growth and development.
- Avaada's ambitious goal of achieving 11 GW of renewable energy capacity by 2026 is supported by significant investments from Brookfield's Energy Transition Fund and GPSC.
The Avaada Group, known for its expertise in renewable energy and green hydrogen, has partnered with Casale, a global player in ammonia technology, to establish a state-of-the-art green ammonia plant in Gopalpur, Odisha. This plant, with a production capacity of 1,500 tons per day, will be powered entirely by renewable energy sources, ensuring a carbon-free production process. Casale will provide critical technology and engineering support for the project, contributing its advanced ammonia production expertise. Avaada's collaboration with Casale aligns with its recent agreement with the Odisha state government to invest ₹20,700 crore in various green energy initiatives, including floating solar projects and pumped hydro storage plants. Avaada's overarching goal is to achieve 11 GW of renewable energy capacity by 2026, a vision supported by significant funding from Brookfield's Energy Transition Fund and GPSC. This partnership not only signifies a significant step towards sustainable energy production but also showcases the commitment of both companies to environmental conservation and green technology advancement.
Topics
Green Hydrogen
Renewable Energy
Sustainability
Investment
Green Technology
Economic Development
Partnership
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