ReNew partners with Japan’s JERA for green-ammonia project in Odisha
Live MintNew Delhi: Nasdaq-listed ReNew Energy Global Plc. has signed an initial agreement with JERA Co. Inc., Japan's largest power-generation company, to jointly evaluate the development of a green ammonia production plant in Paradip, Odisha. The plant will use around 500 MW of high-capacity utilisation factor renewable energy to produce green hydrogen, a key feedstock for green ammonia. Yukio Kani, global CEO & chair of JERA, said, "Since 2017, JERA has maintained a strong partnership with ReNew, and we are pleased to expand this collaboration to the next level: the first green hydrogen and ammonia development project for JERA. This joint development agreement represents a significant milestone and an exciting advancement moving us one step closer to realising a decarbonised society, with a focus on the sustainability, affordability, and stability of future energy.” The Indian government aims to produce five million tonnes of green hydrogen a year by 2030, in an effort to make the country a global green-hydrogen hub.
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