BASF, a Germany-based chemical giant, has entered a promising agreement with AM Green, a Hyderabad-based company, to delve into the realm of low-carbon chemicals. The partnership entails BASF potentially acquiring 100,000 tonnes of green ammonia annually from AM Green. Moreover, both companies are set to embark on feasibility studies for producing low-carbon chemicals in India, while also evaluating various technologies. AM Green has made significant strides in the green ammonia sector, with pre-certified plants meeting EU standards and a 1 million-tonne green ammonia project in Kakinada, Andhra Pradesh, receiving a substantial investment. AM Green aims to scale up its green ammonia production to 5 MTPA by 2030, with several strategic offtake agreements already in place. The production process will be underpinned by round-the-clock renewable energy sources, including a substantial power purchase agreement with NTPC. This initiative is aligned with global trends in renewable fuels, emphasizing green hydrogen applications. The collaboration between BASF and AM Green signifies a positive step towards sustainable practices in the chemical industry, leveraging India's potential for green energy production and setting the stage for future growth and innovation.