Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) and GAIL (India) Limited have signed a memorandum of understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar/wind) for the production of eco-friendly fuels in Odisha.
The scope of the MoU inter-alia incorporates preparing a feasibility study for setting up proposed plants. Odisha, being a power surplus state is looking to further strengthen its position in power and these upcoming plants will help Odisha based heavy industries to supplement their growing power requirements.