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Business
ACME, Mitsubishi Ink $1 Billion Deal for Odisha Green Methanol Plant
✍️ Business Standard
🗓 04 Jul 2026, 03:16 AM
👁 2
ACME and Mitsubishi have entered into a significant supply agreement valued at approximately $1 billion for a green methanol production unit in Odisha.
Renewable energy firm ACME and Japanese conglomerate Mitsubishi have finalized a substantial supply pact amounting to $1 billion. This agreement is specifically for a green methanol unit to be established in the state of Odisha.
The collaboration signifies a major step towards advancing India's capabilities in green fuel production. The pact is expected to facilitate the supply of essential components and technologies required for the green methanol facility.
This development underscores Odisha's growing prominence as a hub for renewable energy projects and aligns with national objectives to promote sustainable energy sources.
The collaboration signifies a major step towards advancing India's capabilities in green fuel production. The pact is expected to facilitate the supply of essential components and technologies required for the green methanol facility.
This development underscores Odisha's growing prominence as a hub for renewable energy projects and aligns with national objectives to promote sustainable energy sources.