Jakson group to set up mega green hydrogen & ammonia plant in Kota

Jaipur: Jakson Green, the new energy transition platform backed by renewables major Jakson Group, has signed an MoU with Rajasthan government to invest about Rs 22,400 crore in the state to set up a green hydrogen and green ammonia project in phases.
Vish Iyer, global chief commercial officer of Jakson Green, and Bhaskar Sawant, principal secretary of the government’s energy department, signed the MoU in presence of officials from both sides. The plant is proposed to come up at Kota with 15,000 tons of green ammonia initially by 2025.
Jakson Green will set up the plant with an annual capacity of 3.65 lakh tons along with an integrated hybrid renewable power complex in phases.
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 company said.
The state government would facilitate Jakson Green in obtaining necessary registrations, approvals, clearances, and provide incentives.
Sawant said, “It has been proved again that Rajasthan is the most ideal destination for investments in the new energy transition. This agreement with Jakson Green is further testimony to the state’s investor-centric policies.”
Calling the association a significant milestone in the state’s green hydrogen progress, Ogra, founding promoter, MD & CEO of Jakson Green, said, “We are extremely delighted to partner with the state of Rajasthan in developing one of the most realistically sized early green ammonia projects in the country.”
“Given our strong focus on technology and execution, with a proven team that has delivered over 10GW of green energy assets across 26 countries, we are confident of delivering a state-of-the-art green ammonia and green hydrogen facility in Rajasthan,” added Ogra.
Jakson Green recently announced its global ambitions to be a leading developer and integrator of green hydrogen and green ammonia assets across select geographies and is eyeing a play in the independent hydrogen and ammonia production and electrolyser manufacturing space.
The firm is actively developing a pipeline of renewable energy, green hydrogen and green ammonia projects both in India and abroad, said Jakson Green officials.