Jakson Green inks pact to invest Rs22,400 crore for green project in Rajasthan

25 Oct 2022 , 01:22 PM

Jakson Group, an energy and infrastructure business, has entered into an agreement with the Rajasthan government to build green hydrogen and green ammonia project in the state at a cost of Rs22,400 crore.

Jakson Green plans to build 3,65,000-tonne-per-year green hydrogen and green ammonia plant, as well as an integrated hybrid renewable power complex, in stages.

The project is estimated to produce approximately 32,000 direct and indirect job opportunities throughout several phases of the scale-up, which is scheduled to take place between 2023 and 2028.

The Rajasthan government will assist Jakson Green in getting appropriate registrations, permits, and clearances, as well as give incentives.

Vish Iyer, a global chief commercial officer of Jakson Green, and Bhaskar S Sawant, principal secretary of energy to the government of Rajasthan, signed the agreement of cooperation.

Jakson Green has declared its global aspirations to be a leading developer and integrator of green hydrogen and green ammonia assets across chosen regions, with a focus on Independent Hydrogen & Ammonia Production and Electrolyser Manufacturing.

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