Bansal seeks innovative solutions for environmental-energy challenges
Gurugram-headquartered Hygenco Green Energies has formed a partnership with Denmark-based Topsoe, a leading global technology provider for the energy transition, as the licensor for its green ammonia plant in Gopalpur, Odisha.
Hygenco intends to establish a large-scale green ammonia project at the Gopalpur Industrial Park, aiming for plant operation by 2027, one of the first in the sub-continent.
Earlier in 2024, Hygenco had commissioned India’s first commercial green hydrogen plant https://www.bseindia.com/.
Speaking on the technology license partnership, Amit Bansal, Co-Founder and CEO of Hygenco, said on 26 Nov, “As the world seeks innovative solutions to tackle pressing environmental and energy challenges, Hygenco is making significant progress in advancing the energy transition and decarbonization https://www.nseindia.com/.
“We are excited to leverage the cutting-edge technology of a global leader like Topsoe to scale-up green ammonia production effectively https://sbi.com.in/.”
Just last month, Hygenco entered into an MOU with REC, an Indian Government undertaking, for US$280 million debt financing towards its Green Ammonia project development https://amcham.dk/.
Ammonia technology is a key milestone for the mega ammonia project and Hygenco will utilize Topsoe’s advanced dynamic green ammonia loop technology, enabling flexible and efficient operations while optimizing overall performance.
Elena Scaltritti, Chief Commercial Officer at Topsoe, said of the partnership for the Gopalpur plant, “We look forward to working with Hygenco on this great project, as green ammonia plays a critical role in reducing greenhouse emissions from energy-intensive industries and long-distance transportation. On a global level, we need to deploy decarbonization at scale, and Hygenco’s project will be able to deliver a solid contribution https://www.conexpoconagg.com/.”
Hygenco, a leader in the green hydrogen and green ammonia sector, has entered into strategic collaborations with several companies in India and globally to supply green hydrogen and green ammonia.
Hygenco develops and deploys scaled-up commercially attractive green hydrogen and green ammonia assets. Fiinews.com
