Current Date: 22 Nov, 2024

Pune Gets a Gas Boost: AK Oxygen Announces ₹100 Crore Hydrogen, Ammonia & Chlorine Unit Project

AK Oxygen Private Limited is embarking on a significant venture with its Hydrogen, Ammonia, & Chlorine Unit Project located at Kurkum MIDC, Pune, Maharashtra. With a substantial investment of ₹100 Crores, this project aims to address the increasing demand for essential industrial gases in the region.

The project at Kurkum MIDC will focus on the production of hydrogen, ammonia, and chlorine, which are vital components in various industrial processes across sectors such as chemicals, pharmaceuticals, and manufacturing. These gases play crucial roles in processes ranging from synthesis to wastewater treatment, making them indispensable in modern industrial operations.

By establishing a production facility for hydrogen, ammonia, and chlorine, AK Oxygen Private Limited aims to strengthen the supply chain for these critical industrial gases in Pune and surrounding areas. This strategic location in Kurkum MIDC offers proximity to key industrial clusters, ensuring efficient distribution and logistics operations.

The project represents a significant step towards enhancing self-sufficiency in industrial gases production within Maharashtra, thereby reducing dependence on imports and promoting domestic manufacturing capabilities. Additionally, it aligns with the government's initiatives to promote indigenous production and support the Make in India campaign.

AK Oxygen Private Limited's Hydrogen, Ammonia, & Chlorine Unit Project is expected to generate employment opportunities in Pune, contributing to local economic development and prosperity. Moreover, by catering to the growing demand for industrial gases, the project will facilitate the expansion of various industries and foster innovation and growth in the region.

News by Rahul Yelligetti

Source : Projxnews