AM Green Kakinada Cluster: Pioneering Zero Emission Cluster in Global Industrial Decarbonisation
Key Ideas
- AM Green Kakinada Cluster, with a $3Bn investment, will lead as the world's first Zero Emission Cluster, focusing on green ammonia and hydrogen production.
- Over 10,000 direct and indirect jobs are expected to be generated, boosting local and national economies, and supporting various industries.
- The cluster's efforts align with India's energy transition goals, aiming to contribute significantly to global decarbonisation efforts and position India as a key player in the green industrial ecosystem.
The AM Green Kakinada Cluster in India has joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative in collaboration with Accenture and EPRI. This pioneering cluster, with an initial investment of over $3 billion, will be the first Zero Emission Cluster globally, starting with the production of 1 MTPA of green ammonia. The cluster is set to include green molecules and green fuels production, supporting economic growth, employment, and reducing CO2e emissions. By aiming for a collective approach towards industrial decarbonisation, the cluster is expected to create over 10,000 direct and indirect jobs, benefiting industries like construction and equipment manufacturing. The cluster's focus on green energy sources and sustainable practices is evident through its commitment to producing green ammonia, green hydrogen, sustainable aviation fuel, and other essential green molecules. With plans to achieve 5 million tons per year of green ammonia by 2030, the cluster aims to support net zero targets in India and OECD markets, contributing significantly to global decarbonisation efforts.
Topics
Production
Sustainability
Green Energy
Renewable Resources
Employment
Economic Growth
Global Collaboration
Emission Reduction
Industrial Decarbonisation
Latest News