<p>Davos: Inox Air Products on Tuesday said it has signed an MoU with the Maharashtra government here for setting up the state's first Green Ammonia Plant with a capacity of 5,00,000 MTPA and a planned outlay of $3 billion.</p>.<p> The project is aimed to be commissioned in a 3-5 years timeline, the company said in a statement.</p>.<p> The plant would produce Liquid Ammonia, which would be a climate-neutral Hydrogen carrier.</p>.INOX India shares debut with nearly 44% premium.<p> The MoU was signed here at the Maharashtra pavilion which the state has set up to promote Maharashtra as an investment decision at the World Economic Forum Annual Meeting.</p>.<p> Those present included Maharashtra Chief Minister Eknath Shinde, Industries Minister Uday Samant, Principal Secretary, Industries and Mining Harshdeep Kamble, and Siddharth Jain, Promoter and Director, INOX Group. </p>
<p>Davos: Inox Air Products on Tuesday said it has signed an MoU with the Maharashtra government here for setting up the state's first Green Ammonia Plant with a capacity of 5,00,000 MTPA and a planned outlay of $3 billion.</p>.<p> The project is aimed to be commissioned in a 3-5 years timeline, the company said in a statement.</p>.<p> The plant would produce Liquid Ammonia, which would be a climate-neutral Hydrogen carrier.</p>.INOX India shares debut with nearly 44% premium.<p> The MoU was signed here at the Maharashtra pavilion which the state has set up to promote Maharashtra as an investment decision at the World Economic Forum Annual Meeting.</p>.<p> Those present included Maharashtra Chief Minister Eknath Shinde, Industries Minister Uday Samant, Principal Secretary, Industries and Mining Harshdeep Kamble, and Siddharth Jain, Promoter and Director, INOX Group. </p>