Site items in: Mega-project

Avaada Group: $2 billion secured for new Odisha project

REC Limited has committed nearly $5 billion total to three new energy projects in Odisha state, including renewable ammonia projects to be developed by Avaada and ACME Group. Avaada also announced that its facility will include a “cutting-edge” ammonia storage facility, to be developed at Gopalpur Port. The new funds follow a $1 billion investment in Avaada from infrastructure giant Brookfield earlier this year.

More progress for Canada-based Project Nujio’qonik

Topsoe will supply its ammonia loop technology to the million tonne per year renewable ammonia project in Newfoundland. Crown lands application approval means that project developers World Energy GH2 have now secured full land capacity for both initial and potential expansion phases for the project.