Avaada to invest $5 billion in green hydrogen, ammonia plant with 6 GW captive renewables in Rajasthan – pv magazine India

Ravi Verma, senior executive vice president at Avaada, told pv magazine that the Group would invest $5 billion into setting up an integrated green hydrogen and ammonia plant with 6 GW of captive renewable energy capacity in the state. The green ammonia facility will have a production capacity of 1 million tons per annum.  August 25, 2022 Uma Gupta A solar project by AvaadaImage: AvaadaAvaada Group will invest around $5 billion (INR 40,000 crore) to build an integrated green hydrogen and ammonia plant with captive renewable energy capacity in Rajasthan. The company recently signed a Memorandum of Understanding with the government of Rajasthan on the proposed investment.Ravi Verma, senior executive vice president, strategic affairs & policy advocacy, Avaada Group, told pv magazine that Avaada would set up around 6 GW of renewable energy capacity for captive consumption by its green…

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