JK Srivastava Hynfra (JKSH) and Andhra Pradesh’s NREDCAP signed an MoU to develop a green hydrogen and ammonia hub near Visakhapatnam. The project aims to produce 1 million tons of green ammonia annually and install 3 GW renewable energy capacity, powered by solar, wind, and storage. With an investment of INR 35,000 crore (~$4 billion), operations start in 2029.
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