The project is based on capturing CO2 emissions and combining them with green hydrogen generated using renewable energy to produce a range of green chemicals and fuels.
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.
Susanta Kumar Purohit, chairperson of the port authority, said the partnership was a 'transformative step' in the port’s push towards net-zero emissions.
Assistant Professor Ejaz Ahmed further informed that the carbon nanotubes produced during the separation of hydrogen from methane are a high-strength material.
