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Hygenco Gopalpur Green NH3 Phase 1

Construction✓ Source-checked

HHP Five Pvt Ltd (Hygenco Green Energies subsidiary)

Source: IEA Hydrogen Projects Database (September 2025)

Project Overview

Country
India
Region
Odisha (Gopalpur, Tata Steel SEZ)
Capacity
85 MW
Technology
Alkaline Electrolysis
Investment · scope not declared (EUR)
€260M

The row also records $280M, which is not this EUR figure converted at EUR_TO_USD = 1.08, fixed on 1 Jun 2026. The two are separate claims.

Subsidy Status
—

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Development Timeline

AnnouncedMay 2024
FID—
ConstructionJun 2025
Operational2028planned date

Status History

DateChangeReasonSource
17 May 2026constructionIEA Tier B Batch 2 — IEA Ref 2884—

Readiness Score

45/ 100
Developing

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15
✓EPC Contract signed(implied)+10
✓Permits obtained(implied)+8
✓Grid connection secured(implied)+7

Commercial

✗Binding offtake agreement+15
✓MOU / offtake letter of intent(implied)+5
✗Confirmed price / tariff+5
✗Applied to government program+5

Financing

✗Project finance / debt secured+10
–Subsidy (not recorded)+0

Track Record

✗Developer has completed H2 project+5
✗Developer has completed RE project+3
✗Developer has energy experience+2