Jakson Green Pvt Ltd, backed by the Jakson Group, has signed an MoU with Deendayal Port, Authority to set up a state-of-the-art green ammonia facility. Valued at approximately Rs.2,400 crore, this landmark project marks a significant milestone in India’s sustainable energy transition, a release from Jakson Group said.
Location
The cutting-edge green ammonia facility, situated at Kandla Port, Gujarat, will be developed in a phased approach, with a projected annual production capacity of an impressive 133,000 tons of green ammonia. Additionally, this endeavour is poised to create more than 5000 jobs including O&M, thereby fostering substantial economic growth in the region.
Deendayal Port Authority would facilitate Jakson Green in obtaining necessary registrations, approvals, clearances, and provide incentives, among others.
Energy transition
Krishnan Kannan, Joint Managing Director of Jakson Green, expressed his enthusiasm for the partnership, stating, “We are thrilled to embark on this collaborative journey with the Deendayal Port Authority to establish a green ammonia facility. Green ammonia stands at the core of our sustainable energy vision and our facility represents a significant stride in reducing greenhouse gas emissions within the Maritime industry. This partnership reinforces our unwavering commitment to driving sustainable energy transition, while also acting as a catalyst for economic growth and the well-being of the local community.”
Also read: Jakson Green To Develop Urban-Centric Green Hydrogen Refuelling Station
Global Maritime Summit
The MoU was signed on the sidelines of Global Maritime India Summit (GMIS), 2023. The maritime industry being a major contributor to greenhouse gas emissions, the summit focused on how renewable energy has the potential to play a significant role in decarbonizing the sector.
