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ACME to invest Rs 51,865 cr in K’taka

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Bengaluru, June 6

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Gurugram-based ACME Cleantech Solutions Pvt Ltd on Monday signed a MoU with the Karnataka government to invest Rs 51,865 crore in the state for setting up a green hydrogen and ammonia plant in Mangaluru.

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In the first phase, it will invest Rs 5,300 crore and in the second phase Rs 46,565 crore. It has proposed to generate 1,800 jobs.

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