AM Green Ammonia B.V. has announced the Final Investment Decision (FID) for its first million-ton green ammonia project in the Kakinada district of Andhra Pradesh, India. The company plans to achieve a green ammonia production capacity of 5 million tons per annum by 2030. The project involves converting an existing urea plant into a green ammonia producing unit, with production set to commence in the second half of 2026. Most of the green ammonia from this facility will be exported to European markets, with offtake agreements already in place with key industry players like Uniper, Yara, and Keppel. To support the project's energy needs, AM Green has secured 1.3 GW of round-the-clock carbon-free power through a mix of solar, wind, and pumped hydro storage, in addition to partnerships for advanced electrolyzers. The company has also established a 25-year fixed-price power purchase agreement (PPA) with NTPC to cover a portion of its power requirements. Overall, the project represents a significant step towards decarbonizing industries and promoting the use of green molecules in various sectors.