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Odisha Government Approves Multiple Green Hydrogen Projects with an Investment Value of $4 Billion

Last Updated on 27th November 2023

The Odisha government has approved three green hydrogen projects with a total investment value exceeding USD 4 billion. The state's high-level clearance authority has given the green light to these projects. They will be situated in Kendrapada, Gopalpur, and Malkangiri. These projects will boost the green hydrogen sector in the state.

 

Green Hydrogen

 

The entities involved in the green hydrogen projects are:

 

  1. Welspun New Energy Limited
  2. Sembcorp Green Hydrogen India Private Limited
  3. ReNew E-Fuels Private Limited

 

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Welspun New Energy Limited is set to establish a green hydrogen and green ammonia manufacturing plant in Kendrapada district with an investment of approximately USD 1 billion. This project is expected to create over 1,000 direct employment opportunities and produce around 700,000 metric tons per year (MTPA) of green ammonia.

 

ReNew E-Fuels Private Limited (REFPL) has received approval for two green hydrogen plants. One, with a production capacity of 100 KTPA, will be located in the Malkangiri district, and the other, with a capacity of 60 KTPA, will be in the Rayagada district. Additionally, REFPL will develop two green methanol manufacturing units in these districts. The total investment for these projects is around USD 2 billion.

 

Sembcorp Green Hydrogen India Private Limited has received approval to establish a green hydrogen and green ammonia manufacturing unit in Gopalpur. Sembcorp will invest around USD 1 billion in developing this production facility, providing employment opportunities for over 1,250 individuals. The plant is expected to produce around 720,000 MTPA of green ammonia.

 

Also Read More: Odisha Signs MoU's with Three Entities to Boost Semiconductor Fabrication

 

Green Hydrogen

 

In addition to the green hydrogen projects, the government has approved investment proposals to boost key sectors such as textiles, steel, and power. The cumulative investment value for these projects is around USD 10 billion. The government has given the green light to two thermal power plant projects, which include:

 

  1. National Thermal Power Corporation Limited’s 800 MW thermal power plant in Sundergarh, with a total investment of USD 1 billion
  2. Ind Barath Energy Utkal Limited’s 800 MW supercritical coal-fired plant in Jharsuguda, with a total investment of USD 720 million.

 

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projects and tenders in India.     Get Started Now!

 

About Welspun New Energy Limited

Welspun New Energy Limited (WNEL) is a wholly-owned subsidiary of Welspun Enterprises Ltd., a leading Indian conglomerate with a diversified portfolio of businesses across infrastructure, textiles, and energy. WNEL was established in 2022 with the objective of developing and operating renewable energy projects in India and overseas. The company is focused on establishing a strong presence in the solar, wind, and green hydrogen sectors.

 

About ReNew E-Fuels Private Limited

ReNew E-Fuels Private Limited (REFPL) is a Special Purpose Vehicle (SPV) established by ReNew Power Private Limited, one of India's leading renewable energy producers. REFPL is focused on developing and operating green ammonia production facilities in India. Green ammonia is a carbon-free alternative to conventional ammonia, which is produced using fossil fuels and is a significant source of greenhouse gas emissions.

 

About Sembcorp Green Hydrogen India Private Limited

Sembcorp Green Hydrogen India Private Limited (SGHI) is an Indian subsidiary of Sembcorp Industries, a multinational conglomerate with a focus on energy, utilities, and marine and urban development. SGHI was incorporated in July 2023 with the objective of developing and operating green hydrogen projects in India. The company is focused on establishing a strong presence in the green hydrogen production, storage, and transportation sectors.

 

Follow More: Green Hydrogen News

 

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