Gentari, GIC and Greenko founders join hands to produce, export green ammonia
1 year, 1 month ago

Gentari, GIC and Greenko founders join hands to produce, export green ammonia

Live Mint  

New Delhi: Gentari, the clean energy unit of Malaysia’s Petronas, AM Green, established by Greenko’s founders, and an affiliate of GIC Holdings Pte Ltd, on Monday agreed to produce 5 million tonnes per annum of green ammonia by 2030. In a joint statement, Gentari and AM Green said that the partnership will focus on the production of green ammonia across locations in India, with the aim of accelerating efforts to achieve net zero targets in India as well as in OECD markets. Mint reported that Gentari and GIC will invest $1.75 billion in AM Green Ammonia Holdings. The joint statement said that the planned 5 mtpa of green ammonia will be equivalent to about 1 mtpa of green hydrogen, representing a fifth of India’s target for green hydrogen production under the country’s National Green Hydrogen Mission and 10% of Europe’s target for green hydrogen imports by 2030.

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History of this topic

TKIL in talks with OMCs, steel companies to set up green hydrogen projects at their sites
4 days, 13 hours ago

TKIL in talks with OMCs, steel companies to set up green hydrogen projects at their sites

Live Mint  

TKIL Industries Pvt Ltd is in discussions with oil refining companies and steel manufacturers to set up green hydrogen producing units using solar energy at their premises and help them reduce greenhouse gas emissions. TKIL will be the exclusive partner in India for SoHHytec to manufacture and supply equipment and machinery as well as implement and install green hydrogen projects. …

NTPC in talks to sell green hydrogen to Japan's Toyo Engg, Norway's Getek
Trending News
1 month ago

NTPC in talks to sell green hydrogen to Japan's Toyo Engg, Norway's Getek

Live Mint  

New Delhi: State-run NTPC, which is set to start construction of its green hydrogen hub in Andhra Pradesh by the end of the month, is in talks with possible buyers of the green molecule. NTPC is in talks with Japan's EPC major Toyo Engineering Corp. and Norwegian power supply systems company Getek AS for offtake of the green hydrogen to …

AM Green enters biofuels market with acquisition of Chempolis, Fortum 3 BV
3 months ago

AM Green enters biofuels market with acquisition of Chempolis, Fortum 3 BV

Live Mint  

New Delhi: AM Green Technology and Solutions BV has signed binding agreements to acquire Chempolis Oy and Fortum 3 BV, marking the entry of its parent company AM Green into biofuels. "Chempolis’s technology will enable the processing of multiple 2G waste feedstocks and the production of high-value green chemicals and products such as ethanol, furfural, and pure lignin, accelerating AM …

AM Green Ammonia reaches final investment decision on its 1 mn tonne project
3 months, 3 weeks ago

AM Green Ammonia reaches final investment decision on its 1 mn tonne project

Live Mint  

AM Green Ammonia B.V., a Greenko Group venture, has reached a significant milestone with the final investment decision for its 1 million-tonne green ammonia project in Kakinada, Andhra Pradesh, the company said in a statement on Tuesday. “The FID status achieved by our Kakinada plant underscores our commitment to providing carbon-free energy solutions globally while meeting the highest standards like …

State-run SJVN’s green energy arm signs deal with AM Green to supply 4.5 GW renewable energy for its ammonia facilities
5 months, 3 weeks ago

State-run SJVN’s green energy arm signs deal with AM Green to supply 4.5 GW renewable energy for its ammonia facilities

Live Mint  

New Delhi: In what is one of the world’s largest carbon-free green energy supply contract, state-run SJVN's green energy arm will supply 4.5 gigawatt of renewable energy to AM Green Ammonia Holdings. The company, promoted by Greenko Group founders Mahesh Kolli and Anil Kumar Chalamalasetty, is in the process of setting up one of the world's largest green ammonia production …

AM Green partners Envision Energy for wind turbines, green hydrogen projects
11 months ago

AM Green partners Envision Energy for wind turbines, green hydrogen projects

Live Mint  

New Delhi: AM Green, specializing in green hydrogen and green ammonia, has signed a memorandum of understanding with Envision Energy International. This partnership, for which the agreement was signed at the World Economic Forum's Annual Summit in Davos, Switzerland, marks a strategic move to bolster clean energy projects in India, focusing on the manufacturing of wind turbines specifically for AM …

India plans $2 billion incentive for green hydrogen industry
1 year, 11 months ago

India plans $2 billion incentive for green hydrogen industry

India Today  

India is planning a $2 billion incentive programme for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years, said a senior government official and an industry …

Green hydrogen: TotalEnergies of France to buy 25% stake in Adani New Industries
2 years, 6 months ago

Green hydrogen: TotalEnergies of France to buy 25% stake in Adani New Industries

Hindustan Times  

AHMEDABAD: Indian business conglomerate Adani Group and French energy behemoth TotalEnergies have entered into an agreement to jointly create the world’s largest green hydrogen ecosystem, the companies announced in a joint statement on Tuesday. “TotalEnergies’ entry into ANIL is a major milestone in implementing our renewable and low carbon hydrogen strategy, where we want to not only decarbonise the hydrogen …

ACME Group to invest $6.7 billion in green hydrogen project in Karnataka
2 years, 6 months ago

ACME Group to invest $6.7 billion in green hydrogen project in Karnataka

Live Mint  

Renewable energy firm ACME Group will invest ₹52,000 crore in Karnataka over five years to set up a green hydrogen and ammonia plant, the state government said on Monday. The investment comes as India aims to manufacture five million tonnes of green hydrogen annually by 2030 to meet its climate targets and become a production and export centre for the …

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