Indore: A public sector undertaking (PSU) is set to invest around Rs 1,300 crore to establish a 70 kilo tonnes per annum (KTPA) green ammonia plant at Hatod industrial area in Dhar district, giving a major boost to green energy-based industrial development in Madhya Pradesh.
The proposed project is expected to emerge as one of the largest investments in the industrial cluster being developed by the Madhya Pradesh Industrial Development Corporation (MPIDC).
“The proposed green ammonia project is a significant milestone for Hatod and reflects growing investor confidence in Madhya Pradesh’s industrial infrastructure. It will strengthen the region’s position in the emerging green energy sector while creating new opportunities for investment, employment and ancillary industries,” MPIDC executive director Himanshu Prajapati said.
The Hatod industrial area, spread across about 152 hectares along the Indore-Ahmedabad corridor, is being developed at a cost of around Rs 43 crore and has attracted investments in pharmaceuticals, food processing, agro-based industries and manufacturing.
Officials said 53 industrial units have so far been allotted land in the area, with proposed investments exceeding Rs 750 crore and the potential to generate employment for nearly 500 people.
Established units such as Pioneer Cement and Amrit Papers are already operational, helping create a growing industrial ecosystem.
To support increasing industrial activity, MPIDC is developing a new water supply pipeline at a cost of Rs 22 crore to ensure uninterrupted water availability for industries. More than 150 hectares of additional land has also been identified for future expansion of the industrial area.
Prajapati said interest from investors, particularly from neighbouring Gujarat, has been increasing steadily. The nearby Sardarpur ITI is also helping ensure the availability of skilled manpower for upcoming industrial units.
The industrial area currently has over 70 plots available for investors, ranging from 500 sq m to 10,000 sq m, with MPIDC expecting further investments as infrastructure and utility networks are expanded.