India's Ambitious Renewable Energy Partnership for Green Ammonia Production
Key Ideas
- Coal India plans to supply 4500 MW of carbon-free energy to AM Green's green ammonia facilities using a mix of solar and wind power.
- The memorandum of understanding signed between Coal India and AM Green aims to set up 2500-3000 MW of solar capacity and 1500-2000 MW of wind capacity across India.
- AM Green will integrate the renewable sources with pumped hydro storage to ensure a continuous supply of green energy for their facilities, aligning with India's goal of a cleaner energy mix.
- The partnership targets to produce 5 million tons per annum of green ammonia by 2030, contributing to India's green hydrogen production goals under the National Green Hydrogen Mission.
Coal India (CIL) has embarked on a significant renewable energy initiative by signing a memorandum of understanding with AM Green for the supply of 4500 MW of carbon-free energy to fuel green ammonia production facilities. The renewable energy mix will include 2500-3000 MW of solar power and 1500-2000 MW of wind power, with an estimated investment of Rs. 25,000 Crores. AM Green, backed by the Greenko Group, aims to become a major producer of green hydrogen and green ammonia in India, aligning with the country's push towards cleaner energy sources and net-zero emissions. The integration of solar and wind power with pumped hydro storage ensures a consistent energy supply for AM Green's operations. This partnership not only supports India's renewable energy goals but also contributes significantly to the production of green hydrogen, a crucial component of the country's sustainable energy future.