The agreement was formalised at the World Economic Forum in Davos by Open Origin founders Wesley Powell and Indrani Pal-Chaudhuri, alongside Open Origin India Chairman Ashish Saraf, and Government of Maharashtra Chief Minister Fadnavis.
The project supports India’s ambitious target of generating 50 percent of its energy from non-traditional sources by 2030, and Maharashtra’s recently announced aim to be the first state to achieve this target.
“To address these goals, Open Origin's capital-efficient energy development innovations can deploy twice as fast as typical build-outs” said Wesley Powell, Founder and CEO of Open Origin. “We’ll be producing the only green ammonia that competes with grey ammonia on price, and quality. We are removing the barriers to adoption by working with Maharashtra, and delivering a scalable, commercially competitive sustainable solution.”
The project will produce 720,000 tons of green ammonia annually and create more than 1,000 high-tech jobs in green energy production. The facility is expected to achieve full-scale production by 2028.
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