JSW Infrastructure Ltd, India’s second-largest port operator, is planning to establish green hydrogen and ammonia production facilities at its ports to tap into the growing demand for sustainable energy solutions. Arun Maheshwari, Joint Managing Director of JSW Infrastructure, revealed that the company is exploring opportunities in this emerging sector and has been approached by firms interested in green hydrogen and ammonia. Although the project will be capital-intensive and require suitable land and infrastructure, JSW is evaluating the potential and has not set a specific timeline yet.
The Ministry of Ports, Shipping, and Waterways (MoPSW) has identified Kandla, Paradip, and Tuticorin as key export hubs for green hydrogen, ammonia, and methanol over the next seven years, aligning with JSW Infrastructure’s expansion plans into green energy. The move follows Adani Ports & SEZ’s recent announcement to develop Vizhinjam Port as a global hub for green fuels, reflecting increasing competition in the sector.
JSW Energy, a sister company of JSW Infrastructure, is also exploring green energy acquisitions, demonstrating the group’s commitment to sustainability. Maheshwari expressed confidence in the company’s growth, targeting a 10% to 12% industry guidance compared to the general 4% to 4.5%.
Strategic port locations such as Paradip, Ennore, New Mangalore, and Jaigarh are key to JSW’s plans, with Paradip serving as a major hub for iron ore and coal. The company also expects significant capacity additions from recent acquisitions, including the JNPA terminal by early 2025 and the Tuticorin terminal within 18 to 24 months. Additionally, JSW Infra is advancing its 2 million tonnes per annum LPG terminal at Jaigarh, a key goal of its IPO.
