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Ocior Energy & REC Ltd signed MoU of Rs 10,000 cr

September 27,2024

Ocior Energy & REC Ltd signed MoU of Rs 10,000 cr to setup Green Hydro projects

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A MoU has been signed between REC Limited and Ocior Energy securing Rs 10,000 cr for establishment of Green Hydrogen and Green Ammonia projects in Odisha. FEED contract for Ocior’s Odisha project of Green Ammonia with capacity of 100,000 TPY has been awarded to Aker Solutions. A pre-offtake agreement for 100,00 TPY of Green Ammonia has also been signed by the company with Ameropa, a Swiss trader.

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