A memorandum of understanding was signed by the Industrial Promotion and Investment Corporation of Odisha, the investment promotion agency of the state government, and Bharat Petroleum Corporation Limited to set up a renewable energy plant and a green hydrogen plant both for domestic and export customers.
Under the MoU, valid for five years, requisite infrastructure will also be created for the purpose of setting up these plants and training, and knowledge sharing will take place.
Green hydrogen would help the industries cut aggregate emissions of greenhouse gases thus contributing to the overall objectives of the Centre’s INDC (Intended Nationally Determined Contribution) targets.
