Hygenco Green Energies Launches 1.1GW Tender for Green Ammonia Project in Odisha

Hygenco Green Energies has launched a 1.1GW renewable energy tender to power its green ammonia project at the Gopalpur Industrial Park, Odisha, in partnership with Tata Steel's SEZ.

Indian renewable energy developer, Hygenco Green Energies, has launched a 1.1GW renewable energy tender to power its ambitious green ammonia project at the Gopalpur Industrial Park in Odisha. Supported by the Indian government's Neev venture fund, Hygenco has invited bids for 625MW of solar and 500MW of wind power to be supplied via the Indian grid.

Partnership with Tata Steel Special Economic Zone

In May 2024, Hygenco signed a binding Memorandum of Understanding (MOU) with Tata Steel Special Economic Zone, a subsidiary of Tata Steel Group, to develop the 1.1 million-tonnes-per-annum green ammonia project. The Gopalpur Industrial Park (GIP), spanning 3,000 acres, is envisioned as a hub for green hydrogen and ammonia, with Special Economic Zone (SEZ) status granting businesses lower tariffs and tax benefits.

Project Phases and Green Ammonia Plant

The green ammonia plant, planned to be developed in phases, is expected to have its first phase operational by December 2026. Hygenco’s project will play a pivotal role in scaling up India's green ammonia market, with CEO Amit Bansal remarking that the 1GW+ tender reflects the company’s commitment to green hydrogen and ammonia production.

Renewable Energy Backed by Government Support

Hygenco has also signed an MOU with REC Corporation, an Indian government entity, to secure financing for the green ammonia project. The upcoming reverse auction for renewable energy capacity is set to take place on 30 November 2024.

Aiming to Transform India’s Hydrogen Economy

Earlier this year, Hygenco launched India’s first commercial-scale green hydrogen project at a steelworks in Hisar, further positioning itself as a leader in green energy initiatives. The company aims to capitalize on India’s increasing demand for green hydrogen and ammonia, using sustainable energy sources like solar and wind to drive growth in the sector.