Hygenco and Ameropa Partner to Boost Green Ammonia Exports from India
Key Ideas
- Hygenco and Ameropa have signed a Term Sheet to potentially supply green ammonia from Hygenco's planned Green Ammonia plant in India, aiming to enhance green ammonia exports and support renewable energy globally.
- Hygenco's upcoming project at the Gopalpur port in Odisha will initially produce 600 TPD, reaching full production capacity of 1.1 MTPA by 2030, with plans to invest US$2.5 billion in Green Hydrogen and Green Ammonia projects.
- India's push to produce 5 million tonnes of green hydrogen by 2030 positions the country as a significant exporter of green ammonia, with Ameropa supporting Hygenco's plans to establish a reliable supply chain and capture a share of low-carbon ammonia markets.
- Ameropa sees the fast-tracking of green ammonia projects in Odisha as pivotal for sustainable agricultural practices globally, with the partnership aimed at reducing indirect emissions and fostering low-impact fertilizers.
Hygenco Green Energies and Ameropa have entered into a strategic partnership to potentially supply green ammonia from Hygenco's planned Green Ammonia plant in India. The project, located at the Gopalpur port in Odisha, will start with an initial production capacity of 600 TPD and is set to reach 1.1 MTPA by 2030. Hygenco, already operating a commercial green hydrogen plant, plans to invest heavily in green hydrogen and green ammonia projects in the coming years.
The collaboration between Hygenco and Ameropa aims to boost green ammonia exports from India, supporting global renewable energy transitions and sustainable agricultural practices. India's ambitious target of producing 5 million tonnes of green hydrogen by 2030 positions the country as a key player in the green ammonia market. Ameropa, a Swiss trader specializing in ammonia, recognizes the importance of supporting Hygenco's plans in Odisha and aims to establish a reliable supply chain for green ammonia exports to Europe and Asia.
The partnership between Hygenco and Ameropa is not only focused on business growth but also on environmental sustainability. By promoting low-impact fertilizers and sustainable agricultural practices, the collaboration seeks to contribute to reducing carbon emissions and achieving carbon neutrality by 2050. With Ameropa's strong presence globally and Hygenco's expertise in green energy solutions, the partnership is poised to make significant strides in the low-carbon ammonia market.
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Decarbonization
Agriculture
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