Chief Minister of Odisha, Naveen Patnaik, laid the foundation stone for Acme Cleantech’s 1.1 mmtpa green ammonia plant and Avaada Green’s 0.5 mtpa green hydrogen/ammonia facility at Gopalpur Industrial Park.
JSW Group has signed an agreement with the Odisha government to set up integrated electric vehicles (EVs) and 50 GWh battery manufacturing facilities with an investment of INR 40,000 crore in the state.
Hindalco will invest INR 800 crore to build a new battery foil manufacturing plant near Sambalpur in Odisha. The facility will initially produce 25,000 tonnes of the foils for Lithium-ion and Sodium-ion battery cells.
AmpIn Energy Transition plans to invest INR 3,100 crore ($372 million) in setting up about 600 MW+ of renewable energy projects in Eastern India and an integrated 1.3 GW solar cells and modules manufacturing facility in Odisha state of the region.
Avaada Group has signed an agreement with Gopalpur Port Ltd to establish an advanced storage facility for green ammonia at the Gopalpur Port in Odisha.
Avaada has signed a memorandum of understanding with REC Ltd for $1.8 billion green ammonia project financing.
REC Ltd will provide debt funding totaling INR 31,000 crore (over $3.7 billion) to support two green hydrogen projects in Odisha. This includes INR 16,000 crore to Acme Group and INR 15,000 crore to Avaada.
Avaada Group has signed a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone Ltd to establish a green hydrogen and ammonia production unit at Gopalpur Industrial Park in Odisha
Bharat Heavy Electricals Ltd has invited bids for the design, supply, and assembly of the floating system (including anchoring and mooring) for a 300 MW AC floating solar power project in Odisha.
Acme Group will set up a green hydrogen and ammonia project at Tata Steel Special Economic Zone Ltd’s Gopalpur Industrial Park in the Ganjam district. The land agreement sets aside 343 acres of land for the project.
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