AM Green Ammonia B.V. has finalized its decision to invest in a green ammonia production project in Kakinada, Andhra Pradesh, India. The project involves transforming an existing urea plant into a green ammonia production unit with the goal of reaching an annual production capacity of one million tonnes by 2026, and scaling up to 5 million tonnes by 2030. The primary focus will be on exporting the green ammonia to European markets, aligning with the EU's Renewable Fuels Standard. To facilitate this ambitious project, AM Green has partnered with John Cockerill, who will supply alkaline pressure electrolyzers powered by a 4,500 MW hybrid energy capacity sourced from solar, wind, and pumped storage. Notably, 50% of the required energy capacity has already been secured through a long-term power purchase agreement with NTPC, with the remaining portion to be provided by Gentari, the company's shareholder. This significant investment in green ammonia production in Kakinada is a strategic response to the increasing demand for green ammonia globally, particularly in Europe where regulatory frameworks are emphasizing renewable fuels. Additionally, the project aligns with India's target to produce 5 million tonnes of green hydrogen annually by 2030, which represents a substantial portion of the country's overall goal. The initiative not only contributes to meeting these targets but also supports energy diversification and enhances industrial efficiency in sectors like fertilizers and other energy-intensive industries.