THEBUSINESSBYTES
BUREAU
PARADIP,
JULY 4, 2026
In a significant
boost to global maritime decarbonization efforts, the Paradip Port Authority
(PPA) hosted a high-level delegation from Japan's Mitsubishi Gas Chemical
Company along with senior executives of the ACME Group, reaffirming Paradip's
growing importance as a global hub for green energy exports. The Japanese
delegation was led by Hideaki Akase, Managing Executive Officer, and Masahiko
Naito, Executive Officer, Mitsubishi Gas Chemical.
The delegation held
detailed discussions with Paradip Port Authority Chairman P. L. Haranadh and
Deputy Chairperson T. Venu Gopal to explore Paradip's vast green energy export
potential and strengthen collaboration for developing a world-class green fuel
export ecosystem.
The visit comes on
the heels of a landmark 10-year agreement under which ACME Group will supply
100,000 tonnes of green methanol annually to Mitsubishi Gas Chemical from its
upcoming facility at Paradip. The project is part of Odisha's ambitious ₹67,000-crore investment in green
hydrogen, green ammonia, and green methanol, positioning the state as a major
global clean energy hub.
Speaking on the
occasion, PPA Chairman P. L. Haranadh said, "Paradip Port is fully
equipped and strategically prepared to spearhead the international shift toward
sustainable clean energy. With secured global offtake agreements and
world-class port infrastructure, we are positioning Paradip as a leading
gateway for green energy exports, sustainable marine fuels, and clean cargo
logistics."
The interaction
underscored Paradip Port's strategic role in advancing India's clean energy
ambitions by offering integrated port infrastructure capable of handling
large-scale exports of green hydrogen derivatives and other sustainable energy
products.
As the International
Maritime Organization (IMO) continues to tighten global decarbonization targets
for the shipping industry, the development of reliable green fuel supply chains
has become increasingly critical. The collaboration between Mitsubishi Gas
Chemical, ACME Group and Paradip Port Authority is expected to establish a
secure, efficient and globally competitive value chain spanning production to
international maritime exports.
Equipped with advanced cargo-handling facilities, deep-draft berths and robust multimodal connectivity, Paradip Port is well positioned to support high-volume exports while meeting the stringent safety, environmental and operational standards of the global maritime and chemical industries.
The visit reaffirmed Paradip Port Authority's commitment to supporting India's energy transition while reinforcing Odisha's emergence as a preferred destination for clean energy investments and sustainable maritime trade.
