Odisha emerges as green fuel hub with ACME's 1 billion USD agreement with Japan's MGC
Bhubaneswar, July 6 -- In India's clean energy landscape, domestic renewable firm ACME Green Molecules Business secured a long-term agreement worth approximately 1 billion USD with Japan's Mitsubishi Gas Chemical (MGC).
According to Business Standard, ACME will supply 100,000 tonnes of green methanol annually to the Japanese conglomerate from its upcoming production facility in Paradip, Odisha, marking the nation's inaugural global partnership in the green marine fuel sector.
The project will be positioned at Paradip, consolidating ACME's expanding industrial footprint in Odisha. The site represents the company's third major clean-energy investment in the state, following its previously announced green ammonia ventures at both Gopalpur ...
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