AM Green Ammonia B.V. Achieves Final Investment Decision for Innovative Green Ammonia Project in Kakinada
Key Ideas
  • AM Green Ammonia B.V. has secured Final Investment Decision (FID) for its first million-ton green ammonia project in Kakinada, India, with plans to reach 5 million tpy of green ammonia production by 2030.
  • The company has a strategic shareholder base including Gentari and GIC, and has already established offtake agreements with key industry players for green hydrogen applications.
  • The project includes a green hydrogen generation unit, conversion to green ammonia, and significant renewable power capacity, ensuring compliance with EU green ammonia standards and enabling export to European markets.
  • AM Green Ammonia B.V. aims to utilize innovative solutions like gigawatt-scale pump storage projects and alkaline electrolysers to address renewable intermittency and maximize efficiency, positioning itself as a leader in green ammonia production globally.
AM Green Ammonia B.V. has reached a significant milestone by achieving Final Investment Decision (FID) for its groundbreaking green ammonia project located in Kakinada, Andhra Pradesh, India. The project, set to produce 5 million tpy of green ammonia by 2030, represents a key step towards sustainable development and carbon-free energy production. With Gentari and GIC as shareholders, the company plans to convert an existing urea plant in Kakinada into a green ammonia facility, meeting EU green ammonia standards and targeting exports to European markets. The company has secured strategic partnerships and offtake agreements with major industry players like Uniper, Yara, and Keppel for the utilization of green ammonia in various green hydrogen applications. By harnessing 1300 MW of carbon-free power through solar, wind, and pump storage technologies, along with reliable electrolysers, AM Green Ammonia B.V. aims to address renewable intermittency challenges and ensure high utilization of its green ammonia production capacity. In addition to the Kakinada project, the company is strategically focused on expanding green ammonia production across multiple locations in India to meet the country's green hydrogen targets and contribute to global efforts towards net zero emissions. Leveraging innovative solutions and a strong commitment to sustainability, AM Green Ammonia B.V. aims to play a significant role in accelerating the adoption of green ammonia and advancing the transition to a more sustainable energy future.
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