Jakson Green has signed a Memorandum of Understanding (MOU) with the Deendayal Port Authority to set up a state-of-the-art green ammonia facility.
Valued at around INR 2,400 crore ($288.31 million), this cutting-edge green ammonia facility will be situated at Kandla Port, Gujarat. The facility will be developed in a phased approach, with a projected annual production capacity of 133,000 tons of green ammonia. It is estimated to create more than 5,000 jobs including in operations and maintenance, thereby fostering substantial economic growth in the region.
The Deendayal Port Authority would facilitate Jakson Green in obtaining necessary registrations, approvals, clearances, and provide incentives, among others.
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 renewable energy’s role in decarbonizing the sector.
Jakson Green is a new energy transition platform backed by India-headquartered infrastructure and renewable major Jakson Group. It focuses on execution, operation and maintenance of new energy assets spanning solar, utility-scale storage, waste-to-energy, fuel cell technologies, gasification-based projects, green hydrogen, and green ammonia projects.
Promoted and led by Bikesh Ogra, a renewable sector veteran with over 10 GW of experience across 26 countries, Jakson Green has built up an impressive global presence in a short span since its inception and plans to deliver 5 GW renewable energy assets by 2027 and 10 GW by 2030.
The firm recently set up an electrolyzer manufacturing unit, besides building and operating green hydrogen assets globally, in line with its vision of being a power-to-X player cumulatively producing over 0.5 million tons per annum of green hydrogen/ammonia by 2030.
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