The state-owned entity, V O Chidambaranar Port Authority, which operates the port at Thoothukudi in Tamil Nadu, has issued a letter of intent to ACME Cleantech Solutions Pvt Ltd. The intent is to lease 222.79 acres of port land for the establishment of a green hydrogen and green ammonia project, requiring an investment of INR 52,474 crore.
V O Chidambaranar Port has achieved a significant milestone by becoming the first port in India to allocate land specifically for the production and export of green hydrogen. The port authority will lease the land for a period of 30 years, with annual rentals determined by the authority. In addition to this, the Port Authority has also allotted 10 acres of land to ReNew Power Ltd for the storage and export of green hydrogen and ammonia. The ACME plant is expected to have a hydrogen production capacity of 3,000 tonnes per day.
To ensure the continuous availability of sufficient renewable energy for the production of green hydrogen, the port authority has planned the establishment of various power generation facilities. These include 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 a public-private partnership (PPP) basis to support the entire project.
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