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Hygenco and Ameropa ink cooperation for supply of Green Ammonia

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BASEL, Switzerland, June 26, 2024 /PRNewswire/ — Hygenco Green Energies and Ameropa, have signed a Term Sheet in view of the potential supply of green ammonia from Hygenco’s planned Green Ammonia plant in India. This aims at enhancing green ammonia exports from India, supporting the global transition to renewable energy and sustainable agricultural practices.

Hygenco will produce green ammonia from its forthcoming project at the Gopalpur port in Odisha. First Phase of this project will produce 600 TPD which will achieve CoD by 2027. Phase 2a will double this to 1,200 MTPD by early 2028. However, this Project will reach to its full production capacity of 1.1 MTPA of Green Ammonia by 2030.

Currently, Hygenco is the only Indian company with an operational commercial green hydrogen plant. Additionally, the company is currently developing multiple Green Hydrogen plants in India and plans to invest US$2.5 Bn in Green Hydrogen and Green Ammonia projects in the next three years.

“Inspired by the age-old philosophy that the world is one family, we are proud to announce a visionary partnership with Ameropa to support their decarbonization goals. At Hygenco, we leverage our advanced technology and pioneering expertise in Green Hydrogen to produce the ‘Greenest of Green’ Ammonia, ensuring it is economical, reliable, and safe.

“This term sheet highlights India’s exceptional position to lead globally in this sector, by harnessing its abundant renewable energy resources and strong infrastructure,” said Mr. Amit Bansal, co-founder & CEO, Hygenco Green Energies.

Globally efforts are intensified to reduce carbon emissions and achieve carbon neutrality by 2050, green hydrogen and ammonia emerge as promising alternatives to fossil fuels across various sectors, including fertilizers and energy. With India’s target of producing 5 million tonnes of green hydrogen by 2030, the country is poised to become a major exporter of green ammonia.

“Ameropa reckons the undoubtable fast-tracking of green ammonia projects in Odisha state, India. The Swiss trader has decided to support Hygenco’s well-advanced plans whilst nurturing the ambition of a global portfolio of low-carbon ammonia,” commented Ameropa’s Head of Ammonia, Beat Ruprecht.

Hygenco & Ameropa plan to start exporting green ammonia to Europe and Asian markets, focusing on establishing a reliable supply chain. The companies plan on capturing a significant share of the growing global low-carbon ammonia markets.

For Ameropa, the green ammonia will be pivotal to help the industry make low-impact fertilizers and grow sustainable agricultural practices globally. This will also significantly enhance the Swiss company’s indirect emissions reduction.

About Hygenco

Headquartered in Gurgaon, India, Hygenco is a global pioneer deploying green hydrogen and green ammonia-powered industry solutions. Hygenco develops and deploys scaled-up commercially attractive green hydrogen and green ammonia assets. Hygenco, which has deep capabilities in designing, building, and operating Green Hydrogen projects, has commissioned India’s first Green Hydrogen project in Hisar which was inaugurated by Union Minister of Civil Aviation and Steel in March this year.

About Ameropa

Headquartered in Binningen, BL, Switzerland, Ameropa is a worldwide agriproducts merchant that also has integrated production, distribution, and retail assets in certain areas. As the largest independent trader for N and P crop nutrients, it has a long history in dealing with Ammonia.

Ameropa’s merchandising covers all regions of the world and is organized around three hubs located in Switzerland, Singapore, and Tampa. In terms of upstream and downstream footprints, it has established strong presence noticeably in Romania and Australia.

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Quest Global & bp collaborate to further energy innovation

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BENGALURU, India, May 6, 2025 /PRNewswire/ — Quest Global, a leading global product engineering services company, has been chosen by bp, a global energy leader, to establish a dedicated center in Bengaluru in an initiative intended to support bp’s strategy of growing its upstream business and investing with discipline in the energy transition. 

Under the collaboration, Quest Global is identifying and onboarding talent to support bp’s projects across its production & operations and gas & low carbon energy businesses, aiming to advance innovation and deliver impactful solutions for bp’s global activities.  

The Bengaluru centre achieved the milestone of training its first 100 engineers in the last year and is now set to scale up. Work done at the centre will complement ongoing innovation work at bp’s existing hubs, including the Technical Solutions hub in Pune.  

Commenting on this collaboration, Ajit Prabhu, Co-founder & CEO, Quest Global, said, “We are honoured to be working with bp as it scales up its business and technology centres worldwide. With our unparalleled customer focus, proven partnership playbook, aligned culture and entrepreneurial mindset to deliver outcomes over output, I’m very confident towards a future with bp that positively impacts the energy industry.” 

About Quest Global:

At Quest Global, it’s not just what we do but how and why we do it that makes us different. We are in the business of engineering, but what we are really creating is a brighter future. For over 25 years, we’ve been solving the world’s most complex engineering problems. Operating in 18 countries, with over 84 global delivery centers, our 21,000+ curious minds embrace the power of doing things differently to make the impossible possible. Using a multi-dimensional approach, combining technology, industry expertise, and diverse talents, we tackle critical challenges faster and more effectively. And we do it across the Aerospace & Defense, Automotive, Energy, Hi-Tech, MedTech & Healthcare, Rail and Semiconductor industries. For world-class end-to-end engineering solutions, we are your trusted partner. 

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Skanska builds data center project in Western USA for USD 164M, about SEK 1.7 billion

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STOCKHOLM, May 6, 2025 /PRNewswire/ — Skanska has signed a contract with an existing client for a data center project in Western USA. The contract is worth USD 164M, about SEK 1.7 billion, which will be included in the US order bookings for the second quarter of 2025.

The project is a 33,400 square meters (360,000 SF), 36-megawatt tenant improvement within an existing building shell, to be completed and turned over in four phases for the client.

Work will begin in June 2025 and is expected to be completed in June 2027.

For further information please contact:

Daniela Arellano, Communications Director, Skanska USA, tel +1 -213-317-4977

Andreas Joons, Press Officer, Skanska AB, tel +46 76 870 75 51

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-builds-data-center-project-in-western-usa-for-usd-164m–about-sek-1-7-billion,c4145428

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SOURCE Skanska

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Broadridge Enhances OpsGPT®, introducing new Agentic Capabilities to Further Optimize Global Post-Trade Operations

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Key enhancements include inventory optimization, fails research, and email integration automation for better connectivity and outcomes

NEW YORK, May 6, 2025 /PRNewswire/ — Global Fintech leader Broadridge Financial Solutions Inc. (NYSE: BR), today announced significant enhancements to OpsGPT® across fails research, inventory optimization and email integration automation. With these enhancements OpsGPT delivers real-time operational intelligence and execution, enabling firms to better manage risk, capital, and drive greater operational efficiency.

“We are continuously innovating and evolving OpsGPT to optimize how clients can better operate and grow, particularly by unlocking Agentic capabilities to better manage risk, capital, and operational efficiency in today’s rapidly evolving trading environment,” said Quentin Limouzi, Global Head of Post Trade at Broadridge. “In response to shortened settlement cycles, escalating operational risks and increased cost of capital, firms need to invest in simplifying complex technology ecosystems and harmonize data to enable AI-powered automation.”

Key enhancements to OpsGPT:

Fails Research: Diagnoses root causes of settlement fails, providing instant, actionable insights and significantly reducing resolution timelines.Inventory Optimization: enables real-time global inventory management, proactively identifies mismatches and suggests asset transfers to maximize capital efficiency and save firms millions of dollars.Email Integration Automation: Interprets inbound operational emails, extracts context, retrieves relevant data from internal systems — drastically reducing response cycles.

OpsGPT has integrated agentic capabilities, where AI agents support Operations teams by converting data into actionable insights; improving decision-making, recommending optimal actions and executing workflows. By incorporating AI into its processes and harmonized data platform, Broadridge is establishing a foundation for comprehensive workflow orchestration throughout the post-trade lifecycle.

OpsGPT unlocks tangible benefits for clients, such as accelerated fail resolution, optimized capital deployment, and reduced operational expenses. By automating traditional manual processes, OpsGPT enhances productivity, strengthens risk management through real-time intelligence, and simplifies the user experience with intuitive interfaces and AI-powered communication tools. More information on the new enhancements can be found in our report launched today.  

The Power of Harmonized Data

A strong data foundation is central to implement successful AI powered automation throughout the trade lifecycle. Broadridge’s investments in BRx, a harmonized data ontology that standardizes and consolidates information globally across asset classes and systems, enables consistent interoperable data to flow seamlessly between front, middle and back-office functions – eliminating silos and laying the foundation for advanced analytics, automation and reporting across the global trade lifecycle.

OpsGPT leverages BRx harmonized data model to unlock the next level of Agentic capabilities to automate AI enabled operations, optimize capital, reduce risks and improve reporting

For more information on how OpsGPT® delivers real-time operational intelligence and execution that enables the future of post-trade processing now, please see here.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. 

Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com.

Broadridge Contacts:

Investor Relations
broadridgeir@broadridge.com 

Media Relations
Gregg.rosenberg@broadridge.com 

 

 

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SOURCE Broadridge Financial Solutions, Inc.

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