Green Hydrogen
COMPANY OVERVIEW
Background: The company is part of a 60+ year old group that is a leading downstream player in the industrial market (non-fertiliser) for ammonia in India. The group has a strong track record and experience across midstream and downstream of the ammonia value chain, and a long history of safe operations.
Project Description: The company is currently developing a portfolio of port-based and inland ammonia storage and transportation infrastructure assets focusing on bulk supply chain solutions for ammonia and hydrogen
Traction: First of a kind infrastructure solution for the green hydrogen industry. The company has signed MoUs with various Indian ports and green hydrogen developers for its projects under development.
Management Overview: Sponsor and Management team comprises senior professionals with average work experience of 30+ years in leadership/senior management roles in large, reputed Indian and global organisations incl. IDFC, Global Infrastructure Partners, Toyo, Thyssenkrupp, RCF, Kalpataru Transmission among others
USE OF FUNDS
Implementation of storage terminal projects that are currently under development at two ports (one each on West coast and East Coast)
POTENTIAL IMPACT
The company’s infrastructure projects would positively impact livelihoods around port cities and also play a pivotal role in scaling India’s green hydrogen ambitions which will help serve various social and developmental objectives such as economic development, technology development, cost competitiveness through economies of scale, capacity building, energy security and energy transition among others