AM Green Ammonia's Kakinada Project: A Step Towards Sustainable Energy Future
Key Ideas
  • AM Green Ammonia has reached a Final Investment Decision (FID) on its first million-tonne green ammonia project in Kakinada, Andhra Pradesh, aiming to produce 5 million tonnes per annum by 2030.
  • The project includes a green hydrogen generation unit, conversion to green ammonia, and compliance with EU RFNBO requirements, with most production intended for European markets.
  • Partnerships with major players like Uniper, Yara, and Keppel have been established, along with a 25-year power purchase agreement with NTPC for carbon-free power supply.
  • The Company's focus on green ammonia production in India aligns with net zero targets and national green hydrogen missions, supporting both India and Europe's green hydrogen goals by 2030.
AM Green Ammonia, based in Hyderabad, has made significant strides towards sustainable energy with its Kakinada project in Andhra Pradesh. This project, part of a larger vision to produce 5 million tonnes of green ammonia annually by 2030, involves the conversion of an existing urea plant into a green ammonia facility. The project, with an estimated investment of Rs 12,500 crore, is set to commence production in the second half of 2026. Certified by CertifHy for compliance with EU RFNBO standards, the facility in Kakinada will mainly cater to European markets. Partnerships with key industry players have been secured, and a fixed-price power purchase agreement with NTPC ensures a reliable power supply. The Company's access to carbon-free power and manufacturing partnerships for electrolyzers further solidify its commitment to green energy. AM Green's initiatives extend beyond Kakinada, with plans to establish green ammonia production facilities across India. This move aligns with India's National Green Hydrogen Mission and Europe's green hydrogen import targets, contributing significantly to the global shift towards sustainable energy solutions. Anil Chalamalasetty, the founder of Greenko Group and AM Green, emphasizes their dedication to decarbonizing industries through cost-effective green solutions, marking a pivotal moment for the company.
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