India-based integrated power utility Torrent Power Limited will invest over $7.6 billion in renewable energy generation and ammonia production in Gujarat. Momentum for renewable ammonia continues to build in India, with related news on certification and electrolyser manufacturing subsidies.
The pair have signed a supply agreement from Hygenco’s under-development, $2.5 billion renewable ammonia project in Gopalpur Port, Odisha. By establishing supply chains from India to Europe and Asia, the pair aim to capture a significant share of the developing global market for low-carbon ammonia.
Hygenco will establish a 1.1 million tons per year renewable ammonia project in the Gopalpur Industrial Park. Hygenco recently commissioned the Steel One project, one of India’s first MW-scale, electrolytic hydrogen production plants.