Hygenco plans to establish a large-scale green ammonia project at the Gopalpur Industrial Park, aiming to have the plant operational by 2027 – one of the first in the sub-continent. Earlier in 2024, Hygenco commissioned India’s first commercial green hydrogen plant.
Amit Bansal, Co-Founder and CEO of Hygenco, commented: “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 signed a memorandum of understanding with REC, a Government of India undertaking, for USD 280 million in debt financing to support its green ammonia project development.
For this large-scale ammonia project, Hygenco will employ Topsoe’s advanced dynamic green ammonia loop technology, which enables 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.”