Jakson Green to invest Rs 22,400 cr in green hydrogen project in Rajasthan

Jakson Green has agreed to invest Rs 22,400 crore to build a green hydrogen and green ammonia project in Rajasthan over the course of several years.

According to a statement from Jakson Green, the business and the Rajasthani government have an MOU to this effect.

According to the statement, Jakson Green would construct a 3,65,000 tonne per year green hydrogen and ammonia plant together with a phased-in integrated hybrid renewable power complex.

According to the project, over 32,000 direct and indirect job possibilities will be created over the scale-various up’s phases, which are scheduled to occur between 2023 and 2028.

The MoU was signed by Vish Iyer, Global Chief Commercial Officer, Jakson Green and Bhaskar S Sawant, Principal Secretary of Energy to the government of Rajasthan.

“This agreement with Jakson Green is further testimony to the state’s investor centric policies,” Sawant said.

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