ACME and IHI sign agreement for supply of green ammonia from India to Japan

0
200

ACME Group and IHI Corporation have signed an offtake term sheet for the supply of green ammonia from Odisha, India to Japan.

This strategic partnership aims to rival the market for relatively inexpensive yet less environmentally friendly blue ammonia. ACME and IHI will leverage the active support and incentives provided by the Government of India under the National Green Hydrogen Mission and the state government of Odisha. The green ammonia will be produced at ACME’s 1.2 million tonnes per annum (mtpa) green ammonia project being developed at Gopalpur in the state of Odisha. Total investment for 1.2 mmt per annum plant will be USD5 billion. The term sheet between IHI and ACME covers the supply of 0.4 mtpa of green ammonia from Phase-1 of Odisha project in Gopalpur on a long-term basis.

Previous articleCREC earmarks PHP35 billion capex for renewable energy projects in the Philippines
Next articleJuniper Green and KPI Green emerge as winners in GUVNL’s 500 MW wind-solar hybrid auction

LEAVE A REPLY

Please enter your comment!
Please enter your name here