Monday, 1 July 2024

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

 State-run SJVN's green energy arm SGEL will supply 4.5 GW of renewable energy to Greenko Group-promoted AM Green Ammonia Holdings for its upcoming production facilities spread around the country that aim to produce five mtpa of green ammonia by 2030

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

State-run SJVN's green energy arm SGEL will supply 4.5 GW of renewable energy to Greenko Group-promoted AM Green Ammonia Holdings for its upcoming production facilities spread around the country that aim to produce five mtpa of green ammonia by 2030

SJVN plans to execute the project in three phases, with the first phase expected to deliver 1,500 MW within two years. (Photo: Mint)

SJVN plans to execute the project in three phases, with the first phase expected to deliver 1,500 MW within two years. (Photo: 

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 (GW) 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 facilities, which will begin with the production of one million tonnes of green ammonia per annum in the first phase, and ramp it up to five million tonnes per annum (mtpa) in the second, set to be completed by 2030. 


Five million tonnes of green ammonia is equivalent to about one million tonnes of green hydrogen.


Under the agreement signed on 26 June, SJVN Green Energy (SGEL) wvill supply 4.5 GW of renewable energy to AM Green’s upcoming green ammonia facilities, said a company statement.

https://www.livemint.com/companies/news/staterun-sjvns-green-energy-arm-signs-deal-with-am-green-to-supply-4-5-gw-renewable-energy-for-its-ammonia-facilities-11719808882353.html


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