By: ICN Bureau
Last updated : October 21, 2023 11:14 am
The plant will have an annual production capacity of 1,33,000 tonne of green ammonia
Jakson Green has signed a memorandum of understanding (MoU) with Deendayal Port Authority to develop a green ammonia plant at Kandla Port in Gujarat.
The MoU was signed on the sidelines of the Global Maritime India Summit (GMIS). 2023. The summit focused on renewable energy and its potential to play a significant role in decarbonising the sector.
The plant, valued at approximately Rs 2,400 crore, will be developed in a phased approach. It will have an annual production capacity of 1,33,000 tonne of green ammonia and is expected to create employment opportunities for over 5,000 people, including operation and management (O&M).
The Deendayal Port Authority would facilitate Jakson Green in obtaining necessary registrations, approvals, clearances, and provide incentives, among others. This landmark project marks a milestone in India's sustainable energy transition.
Moreover, the partnership reinforces the commitment to drive sustainable energy transition, along with economic growth of the region including the local community.