Gurugram, Nov 26: Hygenco Green Energies, a pioneer in low-cost green hydrogen production, has announced 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, with the goal of having the plant operational by 2027, one of the first in the sub-continent.
Earlier in 2024, Hygenco had commissioned India's first commercial green hydrogen plant.
Speaking on the technology license partnership, Amit Bansal, CoFounder and CEO of Hygenco, said, "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. We are excited to leverage the cutting-edge technology of a global leader like Topsoe to scale-up green ammonia production effectively."
Just last month, Hygenco entered into an MOU with REC, a Government of India undertaking, for US$280 million debt financing towards its Green Ammonia project development.
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: "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."
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.
