Inox Air has formally entered into a Memorandum of Understanding (MoU) with the Maharashtra government for the development of a USD 3 billion green ammonia plant. This state-of-the-art facility is projected to boast an impressive annual capacity of 5,000 million tonnes per annum (MTPA).

The ambitious project is anticipated to reach completion within a timeline spanning three to five years. Once operational, the plant will be geared towards the production of liquid ammonia, positioning itself as a climate-neutral hydrogen carrier of considerable significance.

With its expansive scale and formidable production capacity, the plant is poised to play a pivotal role in the global value chain for sustainable and versatile green hydrogen. The initiative aligns with the broader goal of reducing carbon emissions and fostering a transition towards a decarbonized economy.

According to an official statement, green hydrogen is identified as an essential component for ensuring a stable energy future, serving as a primary substitute for conventional fossil fuels. The Inox Air project is strategically aligned with the progressive Maharashtra green hydrogen policy 2023, a testament to the collaborative efforts of the Department of Industries, Department of Energy, Maharashtra Industrial Development Corporation, Department of Energy and Development, and Chief Minister Eknath Shinde.

Expressing gratitude for being entrusted with this significant undertaking, Inox Air stated in its official release, “The trust that has been placed in us is proof of our global expertise in technology, security, and excellent project management.” This partnership underscores a collective commitment towards advancing sustainable practices and addressing the global imperative of reducing carbon footprint.

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