Jakson Green to invest ₹ 22,400 crore for green project in Rajasthan

Energy and infrastructure company Jakson Group has signed a pact with the Rajasthan government to set up a green hydrogen and green ammonia project in the state at an investment of  22,400 crore.

Jakson Green will set up a 3,65,000 tons per annum green hydrogen and green ammonia plant 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, it claimed.

The Rajasthan government would facilitate Jakson Green in obtaining necessary registrations, approvals, clearances, and provide incentives, among others.

The memorandum of understanding was signed by Vish Iyer, global chief commercial officer, Jakson Green and Bhaskar S Sawant, principal secretary of energy to the government of Rajasthan.