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Jakson Green to develop green hydrogen plant in Rajasthan

October 27, 2022 12:17 pm

Jakson Green to develop green hydrogen plant in Rajasthan

Jakson Green, a new energy transition platform of Jakson Group, has signed a Memorandum of Understanding (MOU) with the Government of Rajasthan to invest about Rs 22,400 crore in the state to set up  in a green hydrogen and green ammonia project in phases.
The MoU was signed by Vish Iyer, Global Chief Commercial Officer, Jakson Green and Bhaskar S Sawant, Principal Secretary of Energy to Government of Rajasthan, in the presence of other key officials from both sides.
The company will set up a 3,65,000 tons per annum green hydrogen and green ammonia plant along with an integrated hybrid renewable power complex in a phase wise manner. The project is expected to generate over 32,000 direct and indirect employment opportunities across various phases of the scale up, planned between 2023 and 2028. The government of Rajasthan would facilitate company in obtaining necessary registrations, approvals, clearances, and provide incentives, among others.

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