Coal India's Renewable Revolution: Powering Green Ammonia Production in India
Key Ideas
- Coal India Limited plans to develop 4.5 GW of renewable energy capacity to support green ammonia production, with a projected investment of ₹25,000 crore.
- The partnership with AM Green aims to produce five million tons per annum of green ammonia by 2030, using solar and wind power from Coal India's upcoming projects.
- The initiative includes a geographically distributed renewable portfolio, focusing on solar and wind power in high-insolation states like Gujarat and Rajasthan.
- AM Green will integrate solar and wind energy through pumped hydro storage systems to ensure continuous and reliable green power supply for ammonia production units, aligning with India's climate goals.
Coal India Limited (CIL) is embarking on a significant foray into the renewable energy sector with plans to develop 4.5 gigawatts (GW) of green energy capacity, representing a strategic shift towards clean energy. Working in partnership with AM Green, the venture aims to produce five million tons of green ammonia annually by 2030. The partnership, formalized with a non-binding memorandum of understanding signed in Kolkata, signals a landmark move in India's green energy transition. CIL's diversified renewable portfolio includes setting up solar and wind projects in high-insolation states like Gujarat and Rajasthan, along with suitable regions in southern India. This approach capitalizes on India's renewable resources for optimal energy generation. Additionally, AM Green will implement pumped hydro storage systems to ensure a constant supply of green energy for ammonia production, addressing the intermittency of renewables. The collaboration not only signifies an industry shift towards sustainability but also positions CIL as a key player in India's green hydrogen and ammonia value chain. This initiative is a significant step towards driving India's energy transition, fostering low-carbon industrial growth, and supporting a more sustainable future.
Topics
Projects
Renewable Energy
Investment
Energy Transition
Partnership
Sustainable Development
Green Revolution
Strategic Pivot
Renewable Portfolio
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