Greenko Group's AM Green Ammonia venture has made the final investment decision for its groundbreaking 1 million tonne green ammonia project in Kakinada, Andhra Pradesh. This milestone sets the stage for the production of 5 million tonnes of green ammonia annually by 2030. The project, situated at an existing urea plant in Kakinada, will feature a green hydrogen generation unit and conversion to green ammonia, supported by necessary infrastructure. The initiative, backed by Greenko Group and shareholders Gentari and GIC, emphasizes carbon-free energy solutions, with a focus on meeting EU RFNBO norms and exporting to European markets. The company has already secured significant offtake agreements with major industry players and ensured 1,300 MW of round-the-clock carbon-free power through a mix of solar, wind, and pumped storage capacity. Additionally, AM Green is dedicated to expanding its green ammonia production across various Indian locations to achieve 5 MTPA capacity by 2030, aligning with India's National Green Hydrogen Mission and Europe's green hydrogen import targets.