Stringent European Union rules defining what qualifies as “green” hydrogen threaten to undercut India’s cost advantage and delay its entry into the lucrative European market
Currently, the international price of grey ammonia ranges from approximately USD 800 to 900 per metric ton, while the domestic manufacturing cost of green ammonia is around USD 567 per metric ton.
The proposed facility will have a handling capacity of four million tonnes per annum and has been designed to strengthen Paradip port's role as a hub for green energy cargo.
The commissioning will take place in stages, beginning with 0.5 MTPA by 2027, scaling to 1.0 MTPA in 2028, and reaching full capacity of 1.5 MTPA by 2030.