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Avaada Green Hydrogen Pvt Ltd

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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.

Article

India: renewable developments

In Indian developments this week:

  • Avaada Group and the Rajasthan state government will jointly develop a $5 billion, million-tonne-per-year renewable ammonia plant in the city of Kota.
  • Multinational Larsen & Toubro has switched on a new renewable hydrogen plant for its Hazira manufacturing complex in Gujarat.
  • Korean steelmaker POSCO and Greenko have signed an MoU to cooperate in green hydrogen and ammonia production in India.
  • And at our recent Australia conference, IEEFA’s Kashish Shah outlined how renewable hydrogen & ammonia can relieve the burden of US$13 billion in subsidies paid every year to the fertiliser sector in India.

Article

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.

Article

India: renewable developments

In Indian developments this week:

  • Avaada Group and the Rajasthan state government will jointly develop a $5 billion, million-tonne-per-year renewable ammonia plant in the city of Kota.
  • Multinational Larsen & Toubro has switched on a new renewable hydrogen plant for its Hazira manufacturing complex in Gujarat.
  • Korean steelmaker POSCO and Greenko have signed an MoU to cooperate in green hydrogen and ammonia production in India.
  • And at our recent Australia conference, IEEFA’s Kashish Shah outlined how renewable hydrogen & ammonia can relieve the burden of US$13 billion in subsidies paid every year to the fertiliser sector in India.