Ameropa and Hygenco Green Energies Partner to Export Green Ammonia from India
Key Ideas
- Hygenco and Ameropa have signed a term sheet to supply green ammonia from India, aiming to enhance global exports and support renewable energy and sustainable agriculture.
- Hygenco plans to produce 1.1 million tons/year of green ammonia by 2030, with ambitions to become a major exporter by achieving India's green hydrogen target.
- Ameropa's support for Hygenco's projects aligns with their goal of producing low-impact fertilizers, fostering sustainable agriculture, and reducing indirect emissions.
- The partnership aims to establish a reliable supply chain for green ammonia, targeting key markets in Europe and Asia to capture a significant share of the low-carbon ammonia market.
Swiss fertilizer producer and trader Ameropa and Indian company Hygenco Green Energies have joined forces to potentially supply green ammonia from Hygenco's upcoming plant in India. The partnership's primary objective is to boost green ammonia exports from India, aiding the global transition to renewable energy and sustainable agricultural practices. Hygenco's project at the Gopalpur port in Odisha aims to initially produce 600 short tons/day by 2027, increasing to 1.1 million tons/year by 2030. This expansion includes plans to double output to 1,200 tonnes/day by early 2028.
Hygenco's investment in green hydrogen and green ammonia projects, totaling $2.5 billion over three years, showcases their commitment to low-carbon initiatives. With India targeting 5 million tonnes of green hydrogen by 2030, the country could emerge as a significant green ammonia exporter. Ameropa sees this collaboration as fundamental in promoting sustainable agricultural practices, developing low-impact fertilizers, and reducing indirect emissions.
Ameropa's Head of Ammonia, Beat Ruprecht, expressed the company's support for Hygenco's plans, emphasizing the focus on a global portfolio of low-carbon ammonia. This strategic partnership not only highlights India's potential for global leadership in the green ammonia sector but also underscores the importance of leveraging renewable resources and robust infrastructure. The shared vision between Ameropa and Hygenco underscores a commitment to decarbonization and fostering a reliable supply chain for green ammonia.
Topics
Green Hydrogen
Renewable Energy
Investment
Global Leadership
Partnership
Decarbonization
Low-carbon
Sustainable Practices
Exporting
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