NTPC Green Energy to Infuse INR 80,000 Crore in Green Hydrogen Projects of Maharashtra
NGEL will invest INR 80,000 crore in Maharashtra’s green investment plan in next 5 years, develop green hydrogen and its derivatives such as green ammonia and green methanol having capacity up to 1 million TPA. Mar 15, 2024 NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has signed a Memorandum of Understanding […]
ACME Signs Contract with IHI to Supply Green Ammonia from India to Japan
ACME Group signed an offtake term sheet with IHI Corporation for supplying 0.4 MMTPA of green ammonia from Phase 1 of the Odisha project on a long-term basis. Jan 24, 2024 ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, recently signed an offtake term sheet […]
Essar Group to Invest USD 4 Billion for Saudi Steel Plant
India’s Essar Group plans to invest USD 4 billion to build a low-carbon steel plant in Ras Al-Khair, Saudi Arabia. Essar also plans to invest USD 3.6 billion to develop a range of low-carbon energy projects. Oct 26, 2023 India’s Essar Group has plans to invest billions of dollars in low-carbon projects in Saudi Arabia, […]
ACME Group Raises INR 40 Billion Fresh Funding for Oman Green Hydrogen & Ammonia Project
ACME Group raised a fresh funding of INR 40 billion from REC, for the start up of its green hydrogen and ammonia project located in Duqm, Oman. The facility is projected to produce green ammonia in the capacity of 100,000 tons in its initial phase, and then expanded to 1.2 MMTPA. Jul 22, 2023 ACME […]
