The IPICOL and GAIL (India) Limited on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar/ wind) for production of eco-friendly fuels in Odisha.
Scope of the MoU, inter-alia, incorporates preparing a feasibility study
for setting up proposed plants. The MoU also emphasizes promoting the
production of eco-friendly fuels in the State.
Green hydrogen would help the industries cut aggregate emissions of
Green House Gases (GHGs) thus contributing to the overall objectives
of the Government of India’s INDC targets. Odisha, being a power
surplus State, is looking to further strengthen its position in power
and these upcoming plants will help Odisha based heavy industries to
supplement their growing power requirements.
The event was attended and appreciated by the leading steel, aluminium
and chemical manufacturers along with the leading industry bodies such
as FICCI, ICC, CII and UCCI and concerned State Government officials.
