The port authority has issued a letter of intent to ACME Cleantech Solutions Pvt Ltd. The project investment is estimated at Rs52,474 crore. The ACME plant will produce 3,000 tonnes of hydrogen per day. It is among the biggest plants in India and will cater to energy needs of sectors such as fertilizers, power, refining and steel, among others.
This is the first port in India to allocate land for production and export of green hydrogen. In a separate development the port authority has also leased 10 acres of land to ReNew Power Ltd for storage and export of green hydrogen and ammonia.
As round-the-clock availability of adequate renewable energy is key to the production of green hydrogen, the port authority has also lined up a 5 MW solar plant, a 2 MW wind farm, a 60 MW hybrid wind solar plant, a mega offshore wind plant and a desalination plant on public-private-partnership (PPP) mode to support the project.
The port authority is also in discussions with state owned firms such as Indian Oil Corporation Ltd and NTPC Ltd to cater to their green hydrogen ambitions. V O C Port is one of the two major ports (other being Deendayal Port in Kandla, Gujarat) identified by the Ministry of Ports, Shipping, and Waterways to house green hydrogen and green ammonia plants in the country.
