Gandhinagar: Gujarat is ready to take up Prime Minister Narendra Modi’s call for net zero carbon emission and green clean energy in the name of green growth. Taking an important step in this direction, an MOU was signed in Gandhinagar between the Industries Department of the State Government and Okiore Energy India Private Limited in the presence of Chief Minister Bhupendrabhai Patel.
The MOU is for the development of Green Hydrogen-Green Ammonia Project in Kutch district with a production capacity of one million tonnes per annum. The proposed project is expected to be completed in two phases by 2030 with a total investment of Rs 40,000 crore, thereby creating approximately 10,400 direct and indirect jobs.
In the presence of Industries Minister Balwant Singh Rajput, Ranjit Gupta, CEO of Okior Energy, the developer of this MOU, said that this project will enable the ammonia produced in the plant to be sent to international destinations from Gujarat by realizing Prime Minister Narendrabhai Modi’s concept of Make in India-Make for the World. Kamal Dayani, Additional Chief Secretary, Industries Department and Ranjit Gupta, CEO of Okior Energy, signed and exchanged the MOU. It is to be mentioned here that Okiore is a leading company in Green Hydrogen and Green Ammonia sector started in Abu Dhabi. The company aims to develop and construct 4 GW capacity green hydrogen and green ammonia projects across the India, Middle East and North Africa (MENA) region. He has chosen Gujarat to start one more such project. Chief Principal Secretary to Chief Minister Kailasanathan, Industries Commissioner Rahul Gupta and other dignitaries were present on the occasion of this MOU.