Image Credits : Tata Steel SEZ And Hygenco Officials Signing MoU Source: Deccan Chronicle
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Tata Steel SEZ, Hygenco Sign MoU To Bolster India’s Green Fuel Sector

Tata Steel Special Economic Zone Limited (TSSEZL) and HHP Five Private Limited (Hygenco) on Friday signed a Memorandum of Understanding (MoU) to establish a green hydrogen and green ammonia project at TSSEZL’s Gopalpur Industrial Park (GIP) in Odisha’s Ganjam district.

Under this definitive agreement, Hygenco will acquire land in GIP, located in Odisha’s Ganjam district, to set up its green hydrogen, green ammonia, and derivatives unit. Hygenco, a pioneer in producing low-cost green hydrogen, aims to produce 1 million tonnes per annum (1 Mn TPA) from this plant in phases. The company aims to commission the initial phase of the project by December 2026.

Manikanta Naik, managing director (MD), TSSEZL, said, “We are very happy to have Hygenco on board with us. With this, the total committed capacity of green hydrogen and green ammonia manufacturing at the Industrial Park is now around 2.6 Mn TPA. This solidifies our Industrial Park as a green hydrogen and ammonia hub in India. Our endeavor has been to create a conducive environment where our customers find the necessary infrastructure to conduct their business, as we continue to work on further strengthening the offerings at GIP. The augmentation of the power and water infrastructure, which is critical to the green hydrogen and ammonia industries, will further facilitate the green fuel sector.”

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