Avaada Group’s Green Hydrogen Project in Odisha Breaks Ground, Chief Minister Shri Naveen Patnaik lays Foundation Stone
Lucknow, February 15, 2024 – Foundation stone for Avaada Group’s Green Hydrogen project was laid down today by the Honorable Chief Minister of Odisha Shri Naveen Patnaik in Gopalpur, Ganjam. The ceremony was attended by esteemed dignitaries, stakeholders, and representatives from various sectors, underscoring the significance of this milestone in advancing sustainable energy initiatives in the region.
This mega clean energy project aligns with India’s aspiration to be a global green hydrogen manufacturing hub. It is slated to create a far-reaching positive impact both economically and socially, nearly 1,600 direct and 4,000 indirect employment opportunities will be generated during implementation.
Avaada Group’s Green Hydrogen division has been making significant investments to create a Green Hydrogen ecosystem in the state of Odisha. Located in Gopalpur, a deep-sea port, Avaada’s cutting-edge green ammonia storage facility will enable exporting of Green Hydrogen, thereby helping to achieve global Net Zero for hard to abate sectors across the world.
With global efforts intensifying to combat climate change, Avaada is steadfast in its commitment to spearheading sustainable energy solutions. This project represents a bold step towards reducing carbon emissions and fostering a greener economy. By harnessing renewable energy sources, this initiative aims to produce green ammonia without the harmful environmental impacts associated with conventional methods.
Mr. Vineet Mittal, Chairman of Avaada Group, expressed gratitude for the support extended by the Government of Odisha in realizing this ambitious project. Heemphasised the significance of green ammonia as a clean and renewable alternative in various sectors such as agriculture, transportation, and industry.
Avaada’s Green Hydrogen venture aligns with India’s pledge to reduce greenhouse gas emissions under the Paris Agreement. By harnessing renewable energy, the project contributes to Odisha’s renewable energy objectives while fostering job creation and economic growth in the region.