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ACME Group Announces Rs. 52,474 Crore Green Hydrogen and Ammonia Project in Tamil Nadu

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growatt01-08-2022

ACME Group announced today that it will be launching a green hydrogen and green ammonia project within Tamil Nadu. 

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During the Tamil Nadu Investment Conclave, the Hon’ble Chief Minister for Tamil Nadu Thiru M K Stalin signed the initial agreement with State Government. The project requires an investment of Rs 52,474 crore.

Mr. Manoj K Upadhyay, Founder & Chairman, ACME Group said, “I would like to thank the Hon’ble Chief Minister Mr. M K Stalin and his team for accepting our proposal for setting up a plant in the state of Tamil Nadu. This will be one of the largest plants in India and perhaps the largest in the world. This plant will produce green hydrogen and ammonia, which will help to de-carbonize sectors such as fertilizers, power, refining and steel, among others. The project requires four ingredients – solar radiation, access to port, availability of land and skilled resources. Tamil Nadu offers all of these. This will be one of the largest plants in India and perhaps largest in the world.” 

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Mr. Sandeep Kashyap, COO, ACME Group said, This project will comprise 5,000 mw of solar PV plant, 1.5 GW of the electrolyzer and 1.1 million tonnes of ammonia synthesis loop. ACME is willing to work with the Government to help not only to build this project but also to create an ecosystem of smaller units. We extend our gratitude to the Government of Tamil Nadu for the confidence and support offered to us.” 

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