Odisha - GAIL, IPICOL sign MoU for developing clean energy projects

01 May 2022

GAIL India and the Industrial Promotion and Investment Corporation of Odisha (IPICOL) have signed a Memorandum of Understanding (MoU) recently for cooperation in the areas of green hydrogen, green ammonia and renewable energy for the production of eco-friendly fuels in Odisha. The scope of the MoU includes, among other things, preparing a feasibility study for the proposed plants, as well as promoting the production of environmentally friendly fuels in Odisha. Green hydrogen would assist industries in reducing aggregate greenhouse gas emissions, thereby contributing to the overall goals of the central government's INDC targets. Odisha, as a power surplus state, is looking to strengthen its position in the power sector and these new plants will help Odisha-based heavy industries meet their growing power needs.

Contact: Industrial Promotion and Investment Corporation of Odisha

E-mail: info@investodisha.org

Tel: 0674-2542 601-03

Website: www.ipicolorissa.com

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