CapEx News

Odisha Signs Rs.67,000 Crore MoC with ACME Group and Japan's IHI Corporation for Green Ammonia and Methanol Projects

Chemicals Jul 04,2026

The Odisha Government has signed a Memorandum of Cooperation with ACME Group and Japan's IHI Corporation for green ammonia, methanol and related industrial projects worth a cumulative ₹67,0

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ACME Group to invest Rs. 12,422 crore in green methanol plant in Odisha

Equipment Jan 24,2026

ACME Group plans to invest ₹12,422 crore in a green methanol project in Odisha, targeting shipping and industrial decarbonisation. Odisha’s strong renewable energy base and port connectivity impro

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ACME Solar commissions second 16 MW phase of Gujarat Wind project

Power Generation Nov 21,2025

ACME Solar commissioned the second 16 MW phase of its Gujarat wind project, boosting capacity and accelerating commercial operations. The phased approach improves cash flow and early monetisation, whi

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ACME Group and Japan’s IHI Corporation JV for India's largest green ammonia project

Power Generation Sep 11,2025

The ACME Group has partnered with Japan’s IHI Corporation to build India’s largest green ammonia plant in Gopalpur, Odisha, with a 1.2 million tonne annual capacity and an investment of over Rs. 5

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ACME to establish 400,00-tonne green ammonia plant at Tata SEZ in Odisha

Metallurgical Industries Jun 06,2025

ACME Group will establish a green hydrogen-based ammonia plant with a 400,000-tonne annual capacity at Tata SEZ, Gopalpur, Odisha, starting supply by 2029. Backed by a long-term Japanese export agreem

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Avaada group, REC sign MoU for green hydrogen hub in Odisha

Chemicals Oct 17,2023

A MoU between Avaada Group and state-run REC promises ₹15,000 crore investment in a green hydrogen and ammonia hub in Gopalpur, Odisha, enhancing the state's renewable energy sector. Another de

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Tata Steel and ACME Group team up for India’s largest green hydrogen project

Power Generation Aug 30,2023

ACME Group and Tata Steel Special Economic Zone Ltd. (TSSEZL) are collaborating to establish India's largest green hydrogen and green ammonia facility in Gopalpur Industrial Park (GIP), Odisha. A

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