Rotterdam-India Partnership to Drive Green Energy Supply Chain to Europe
Key Ideas
- India's AM Green and Port of Rotterdam to establish a green energy corridor for low-carbon fuels like green ammonia and hydrogen, aiming for $1 billion annual trade by 2030.
- The partnership will boost clean fuel exports, support infrastructure development, and connect India's industrial hubs to Europe, aligning with decarbonisation goals.
- Port of Rotterdam CEO emphasizes the significance of the agreement in fostering secure and sustainable energy connections between the two regions.
- AM Green's initiative aligns with India's Green Hydrogen Mission, contributing to global energy transition and reinforcing India's role as a key supplier of clean fuels.
India's AM Green and the Port of Rotterdam Authority have inked an MoU to create a significant green energy supply chain linking India to Northwestern Europe. This partnership focuses on transporting environmentally-friendly fuels like green ammonia and hydrogen from India to Europe through Rotterdam, a critical energy gateway. The deal targets exporting up to one million tons of clean fuels annually by 2030, with an estimated trade value of $1 billion per year. The collaboration also includes the development of necessary infrastructure at both ends of the corridor to ensure safe handling and distribution of hydrogen-based fuels. AM Green, with plans to produce green ammonia in Kakinada at a scale of five million tons yearly by 2030, aims to connect India's net-zero industrial hubs with high-demand centers in Europe, supporting the decarbonisation efforts of both regions. Port of Rotterdam CEO praised the agreement as a crucial step in establishing a sustainable energy connection between Europe and India, emphasizing the port's role in hydrogen logistics and energy transition. The founder of AM Green highlighted India's emerging role as a global supplier of clean fuels through this alliance, contributing to the vision of an international green energy network. As Europe and India advance towards cleaner energy sources, this corridor presents a practical avenue for enhancing energy cooperation. The Port of Rotterdam, a major energy hub in Europe, strives to achieve climate neutrality in the upcoming years, while AM Green continues to expand renewable energy and sustainable fuel production in India, aligning with global sustainability goals.