AM Green and DP World join hands to develop global green hydrogen supply chain
Live MintNEW DELHI : Greenko founders-backed AM Green has partnered with global logistics giant DP World to establish advanced logistics and storage infrastructure in India and overseas, aiming to accelerate exports of green hydrogen and green ammonia. The partnership is aimed at enabling export of 1 million tonnes each of green ammonia and green methanol, both derivatives of green hydrogen, across the globe, said two people aware of the development. "The agreement aims to develop port infrastructure across AM Green's net-zero industrial clusters to facilitate global exports and establish bunkering infrastructure across Dubai in UAE, India, and Southeast Asian countries for green ammonia and methanol supplied from AM Green plants," one of the two people cited above said. Founded by Anil Chalamalasetty and Mahesh Kolli, the visionaries behind Hyderabad-based Greenko Group, AM Green aims to achieve a production capacity of 5 million tonnes per annum of green ammonia by 2030, equivalent to 1 MTPA of green hydrogen. The company is spearheading multiple projects across India, leveraging renewable energy sources like solar, wind, and hydroelectric power to produce sustainable aviation fuel, green ammonia, green hydrogen, chemicals, and biofuels.