India’s Hygenco Green Energies has signed a term sheet with Switzerland’s Ameropa for the potential supply of green ammonia from its planned green ammonia plant in India. This aims at enhancing green ammonia exports from India, supporting the global transition to renewable energy and sustainable agricultural practices.
Hygenco will produce green ammonia from its forthcoming project at the Gopalpur port in Odisha. The first phase of this project, with production capacity of 600 tpd, will achieve commercial operation by 2027. Phase 2a will double the capacity to 1,200 mtpd by early 2028. The project will reach its full production capacity of 1.1 mtpa of green ammonia by 2030.
Currently, Hygenco is purportedly the only Indian company with an operational commercial green hydrogen plant. Additionally, the company is currently developing multiple green hydrogen plants in India and plans to invest $2.5 billion in green hydrogen and green ammonia projects in the next three years.
Hygenco and Ameropa plan to start exporting green ammonia to Europe and Asian markets, focusing on establishing a reliable supply chain. The companies plan on capturing a significant share of the growing global low-carbon ammonia markets.
For Ameropa, the green ammonia will be pivotal to help the industry make low-impact fertilizers and grow sustainable agricultural practices globally. This will also significantly enhance the Swiss company’s indirect emissions reduction.
Headquartered in Gurgaon, India, Hygenco develops and deploys scaled-up commercially attractive green hydrogen and green ammonia assets.
Ameropa, headquartered in Binningen, BL, Switzerland, is a worldwide agriproducts merchant that also has integrated production, distribution, and retail assets in certain areas. As the largest independent trader for nitrogen (N) and phosphorus (P) crop nutrients, it has a long history in dealing with Ammonia.
Ameropa’s merchandising covers all regions of the world and is organized around three hubs located in Switzerland, Singapore, and Tampa. In terms of upstream and downstream footprints, it has established strong presence noticeably in Romania and Australia.
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