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InoxCVA to Set Up Cryogenic Tank Facility in Vadodara
Cryogenic tanks have numerous green fuel applications for liquid hydrogen and LNG.
Dr.G.R.Balakrishnan Nov 30 -0001 Marine News (Oil and Gas)

InoxCVA to Set Up Cryogenic Tank Facility in Vadodara

Cryogenic liquid storage, distribution and re-gassification solutions provider InoxCVA will set up a manufacturing facility in Vadodara with an investment of Rs 200 crore. The 20,000 tonne per annum plant will come up at Savli, and will be the company’s largest unit, according to a statement on Thursday 30 March.

The ground-breaking for the project follows anMoU signed by the company with the Gujarat government last month.

Siddharth Jain, a director of the company, claimed the 30-acre unit will double the present domestic cryogenic equipment manufacturing capacity.

The Greenfield project will fabricate over 20,000 tonnes of stainless steel equipment per annum and will be also able to produce over 2,500 cryogenic equipment annually, Jaini said.

Cryogenic tanks have numerous green fuel applications for liquid hydrogen and LNG, among others.