{"id":26391,"date":"2024-05-07T09:16:00","date_gmt":"2024-05-07T09:16:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4407414_EN07414_0"},"modified":"2024-05-07T09:16:00","modified_gmt":"2024-05-07T09:16:00","slug":"hygenco-to-set-up-a-green-hydrogen-ammonia-project-at-tata-steel-sezs-gopalpur-industrial-park","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=26391","title":{"rendered":"Hygenco to set up a green hydrogen\/ammonia project at Tata Steel SEZ&#8217;s Gopalpur Industrial Park"},"content":{"rendered":"<br \/>\n<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2406450\/Hygenco_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>BHUBANESWAR, <span class=\"xn-location\">India<\/span>, <span class=\"xn-chron\">May 7, 2024<\/span> \/PRNewswire\/ &#8212; HHP Five Private Limited (subsidiary of Hygenco Green Energies Pvt Ltd) a pioneer in producing low-cost green hydrogen, has formally entered into a binding agreement with Tata Steel Special Economic Zone Industrial Park (GIP), to establish a large-scale green ammonia project in Gopalpur, Odisha.<\/p>\n<div id=\"prni_dvprnejpg4843left\" dir=\"ltr\" style=\"TEXT-ALIGN: center; WIDTH: 100%\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2406388\/Hygenco_MoU_Signing_Ceremony.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpg4843left\" title=\"MoU signing Ceremony\" src=\"https:\/\/mma.prnasia.com\/media2\/2406388\/Hygenco_MoU_Signing_Ceremony.jpg?p=medium600\" alt=\"MoU signing Ceremony\" align=\"middle\" \/><\/a> <br \/> <span>MoU signing Ceremony<\/span> <\/div>\n<p>Hygenco aims to produce 1.1 Million Tonnes Per Annum (MTPA) of Green Ammonia from this plant in multiple phases. Hygenco is aiming to commission the initial phase of the project by <span class=\"xn-chron\">December 2026<\/span>. This collaboration builds upon the Project approval received in <span class=\"xn-chron\">February 2024<\/span> from the High-Level Clearance Authority of the esteemed Chief Minister&#8217;s office.<\/p>\n<p><b><span class=\"xn-person\">Amit Bansal<\/span>, Founder and CEO, Hygenco,<\/b>&nbsp;said, &quot;Having already demonstrated our mettle in the space of Green Hydrogen by commissioning <span class=\"xn-location\">India&#8217;s<\/span> first Green Hydrogen project earlier this year, we will extend application of our superior technology to this project thereby producing lowest cost Green Ammonia for our clients. In line with our strategic vision of being a dominant player in this sector worldwide, the produce from this plant, in the initial phase, will be predominantly exported for which advanced discussions with various off-takers are already taking place.&quot;<\/p>\n<p><b>Manikanta Naik, Managing Director, Tata Steel Special Economic Zone Limited<\/b>, said, &quot;We are very happy to have Hygenco on-board with us at the Industrial Park. This solidifies our Industrial Park as a potential green hydrogen\/ammonia hub of the country.&quot;<\/p>\n<p>Hygenco has signed several binding long-term offtakes of Green Hydrogen in <span class=\"xn-location\">India<\/span>, including the recently commissioned country&#8217;s first megawatt scale plant for a prominent steel company in Hisar, Haryana. Another one for STL (Vendanta Group) at Maharashtra is under construction.<\/p>\n<p><b>About Hygenco:<\/b><\/p>\n<p>Headquartered in Gurgaon, <span class=\"xn-location\">India<\/span>, Hygenco develops and deploys scaled-up commercially attractive green hydrogen and green ammonia assets. Hygenco, which has deep capabilities in designing, building, and operating Green Hydrogen projects, has commissioned <span class=\"xn-location\">India&#8217;s<\/span> first Green Hydrogen project in Hisar which was inaugurated by Union Minister of Civil Aviation and Steel earlier this year. Hygenco is looking to invest <span class=\"xn-money\">$2.5 billion<\/span> over 3 years to set up Green Hydrogen projects in <span class=\"xn-location\">India<\/span>.<\/p>\n<p>For more information on Hygenco, please visit <u><a href=\"https:\/\/www.hygenco.in\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.hygenco.in\/<\/a><\/u>.<\/p>\n<p>Photo: <a href=\"https:\/\/mma.prnasia.com\/media2\/2406388\/Hygenco_MoU_Signing_Ceremony.jpg?p=medium600\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/2406388\/Hygenco_MoU_Signing_Ceremony.jpg?p=medium600<\/a><br \/>Logo: <a href=\"https:\/\/mma.prnasia.com\/media2\/2406450\/Hygenco_Logo.jpg?p=medium600\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/2406450\/Hygenco_Logo.jpg?p=medium600<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BHUBANESWAR, India, May 7, 2024 \/PRNewswire\/ &#8212; HHP Five Private Limited (subsidiary of Hygenco Green Energies Pvt Ltd) a pioneer in producing low-cost green hydrogen, has formally entered into a binding agreement with Tata Steel Special Economic Zone Industrial Park (GIP), to establish a large-scale green ammonia project in Gopalpur, Odisha. MoU signing Ceremony Hygenco [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-26391","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hygenco to set up a green hydrogen\/ammonia project at Tata Steel SEZ&#039;s Gopalpur Industrial Park - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=26391\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hygenco to set up a green hydrogen\/ammonia project at Tata Steel SEZ&#039;s Gopalpur Industrial Park - My Blog\" \/>\n<meta property=\"og:description\" content=\"BHUBANESWAR, India, May 7, 2024 \/PRNewswire\/ &#8212; HHP Five Private Limited (subsidiary of Hygenco Green Energies Pvt Ltd) a pioneer in producing low-cost green hydrogen, has formally entered into a binding agreement with Tata Steel Special Economic Zone Industrial Park (GIP), to establish a large-scale green ammonia project in Gopalpur, Odisha. 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