ACME Cleantech signs Rs 520 billion MoU to set up hydrogen and ammonia plant with solar power unit

ACME Cleantech Solutions Private Limited has signed a memorandum of understanding (MoU) to invest Rs 520 billion to commission a hydrogen and ammonia plant with associated solar power unit in Mangaluru, Karnataka.

Karnataka had always been encouraging new technologies and futuristic projects. The state government would provide all the support and cooperation for speedy implementation of the project. The state government is also formulating a green hydrogen policy.Meanwhile, ACME Cleantech has established the first hydrogen-ammonia, solar plant in Bikaner, Rajasthan, which has already started production.

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