AM Green Ammonia B.V. embarks on ambitious green ammonia project in Andhra Pradesh
Key Ideas
- AM Green Ammonia B.V. has secured the Final Investment Decision for a green ammonia project in Kakinada, Andhra Pradesh, with plans to produce 5 million tons per annum (MTPA) by 2030, aiding in the decarbonization of various industries.
- The project involves establishing a green hydrogen generation unit and its conversion into green ammonia, integrated into existing infrastructure, with a significant portion of production directed towards European markets.
- The company has arranged 1,300 MW of round-the-clock carbon-free power, including solar, wind hybrid capacity, and pumped storage power, aiming to meet energy demands sustainably and uphold the EU RFNBO norms.
- AM Green is committed to providing low-cost green molecules to decarbonize industries like refineries, shipping, fertilizers, and power generation, emphasizing its role in the global energy transition towards cleaner solutions.
AM Green Ammonia B.V. has announced the Final Investment Decision for its green ammonia project in Kakinada, Andhra Pradesh, signaling the start of an ambitious plan to produce 5 million tons per annum (MTPA) of green ammonia by 2030. The project includes the establishment of a green hydrogen generation unit and its conversion into green ammonia, integrated into the infrastructure of a urea plant acquired earlier. The company has secured 1,300 MW of carbon-free power through solar, wind hybrid capacity, and pumped storage power, with a focus on meeting the energy needs sustainably and adhering to EU RFNBO norms. Majority of the green ammonia production is planned for European markets to address the rising demand for green hydrogen applications. AM Green is dedicated to decarbonizing industries through the provision of low-cost green molecules and derivatives. The company's Founder highlighted the significance of this project in facilitating the transition towards carbon-free energy solutions globally, emphasizing the role in decarbonizing various sectors such as refineries, shipping, and power generation. AM Green aims to expand its green ammonia production across multiple locations in India to achieve the targeted 5 MTPA capacity by 2030, indicating a strong commitment to driving the adoption of sustainable practices in the energy sector.
Topics
Investing
Renewable Power
Energy Transition
Green Energy
Decarbonization
Infrastructure Development
Industry Impact
Investment Decision
Carbon-free Solutions
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