RWE Partners with AMG for Green Ammonia Supply in India
Key Ideas
- RWE and AM Green Ammonia B.V. sign MoU for the supply of up to 250,000 tonnes of green ammonia per year from production sites in Kakinada and Tuticorin, India.
- Initial production of 50,000 tonnes at Kakinada site with the remaining volume from Tuticorin facility; deliveries expected to start by 2027.
- Costas Papamantellos of RWE emphasizes commitment to hydrogen investments for climate goals, while AM Green's Mahesh Kolli praises the innovative partnership for clean energy transition solutions.
- Partnership aims to propel industry transformation and support OECD economies through the supply of low-cost green molecules like hydrogen, ammonia, fuels, and chemicals.
RWE Supply & Trading has entered a Memorandum of Understanding with AM Green Ammonia B.V. (AMG) to establish a long-term supply agreement for green ammonia sourced from AMG's production facilities in Kakinada and Tuticorin, India. The deal outlines the supply of up to 250,000 tonnes of green ammonia annually, with an initial production target of 50,000 tonnes at the Kakinada site and the rest from Tuticorin. Deliveries are set to commence by 2027, with further contractual details to be outlined in an offtake agreement. Costas Papamantellos, Head of International Hydrogen Investments at RWE, underscores the company's focus on hydrogen investments to support climate objectives. On the other hand, Mahesh Kolli, Group President of AM Green, expresses excitement about the partnership's potential to drive industry transformation and support clean energy solutions. The collaboration aims to provide low-cost green molecules such as hydrogen, ammonia, fuels, and chemicals to various industries and economies. Through a commitment to innovation and flexibility in contracting, AM Green aims to solidify its position as a global leader in clean energy transition solutions.
Topics
Fuel Cells
Renewable Energy
Clean Energy
Partnership
Supply Chain
Industry Transformation
Low-carbon Solutions
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