INOX Air Products has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a green ammonia plant.
The 500,000 metric tonne per annual green ammonia plant has a planned outlay of $3bn and is expected to be commissioned within the next five years.
The current Chief Minister of Maharashtra, Eknath Sambhaji Shinde, the Department of Industries, the Department of Energy, the Maharashtra Industrial Development Corporation, and the Department of Energy and Development entrusted the company with the project under the guidance of the Maharashtra Green Hydrogen Policy 2023.
H2 View has reached out to INOX Air Products for comment.
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