JSW Infrastructure Ltd, India’s second-largest port operator, is considering building green hydrogen and ammonia plants at its ports to diversify into this potential growth market.
“This is a new age business that is emerging. We have been contemplating and exploring opportunities in this sector,” Arun Maheshwari, joint managing director told ET.
“We’ve been approached by companies interested in the green hydrogen and ammonia segment, and we are evaluating the potential to enter this market as well,” he added.
Asked about the timeline, Maheshwari said setting up such facilities would be long-term, capital-intensive projects requiring suitable land, robust backend, and strategic port location. “Fortunately, both our existing and new port locations are appealing to potential players. However, we do not yet have a specific timeline for this project.”
Earlier this year, the Ministry of Ports, Shipping, and Waterways (MoPSW) identified three key ports—Kandla, Paradip, and Tuticorin—as future export hubs for green hydrogen, ammonia, and methanol within the next seven years, aiming to position India as a major green hydrogen exporter.
Recently, Adani Ports & SEZ announced that its Vizhinjam Port will also become a global bunkering hub, supplying clean and green fuels such as hydrogen and ammonia. Adani Ports plans to use its ports in India’s West Coast for exporting these green fuels.
Meanwhile, JSW Energy, JSW Infra’s sister concern, is also exploring acquisitions in the green energy sector.
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