Coal India Limited to Supply 4500 MW of Renewable Energy for Green Ammonia Production
Key Ideas
- Coal India Limited (CIL) plans to supply 4500 MW of carbon-free energy in phases to AM Green's green ammonia facilities, supporting India's goal of a cleaner energy mix.
- The agreement includes setting up 2500-3000 MW of solar power and 1500-2000 MW of wind power with an estimated investment of around Rs. 25,000 Crores.
- AM Green aims to produce 5 million tons per annum (MTPA) of green ammonia by 2030, which aligns with India's National Green Hydrogen Mission targets.
- The partnership between CIL and AM Green is focused on building a greener and more sustainable future, emphasizing a commitment to providing carbon-free energy.
In a significant move towards renewable energy, Coal India Limited (CIL) has entered into a non-binding MoU with AM Green to provide 4500 MW of carbon-free energy for green ammonia production facilities. This initiative aligns with India's target of achieving a cleaner energy mix and transitioning towards net-zero emissions. The partnership involves the establishment of 2500-3000 MW of solar power and 1500-2000 MW of wind power, with an estimated investment of Rs. 25,000 Crores, to be set up across India. AM Green, backed by the founders of Greenko, aims to produce 5 million tons per annum (MTPA) of green ammonia by 2030, which includes a substantial production of green hydrogen. The integration of renewable sources with pumped hydro storage ensures a steady supply of green energy. The agreement signifies CIL's proactive role in fostering sustainability and becoming the country's integrated energy provider. Both entities see this partnership as a step towards becoming cost-competitive producers of green hydrogen, green ammonia, and other green molecules globally. The signing ceremony included representatives from CIL and AM Green, reflecting the commitment of the parties towards a carbon-free energy future.
Topics
India
Green Hydrogen
Renewable Energy
Sustainability
Energy Transition
Partnership
National Green Hydrogen Mission
Green Ammonia
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