AM Green, a green hydrogen and ammonia producer in India, has partnered with DP World, a global logistics leader, to create a sustainable supply chain for green fuels and chemicals. This collaboration will enable seamless exports to key consumption markets, helping them achieve their decarbonisation goals.
Under the Memorandum of Understanding (MOU), signed in December, DP World and AM Green will jointly develop logistics and storage infrastructure to facilitate the global export of 1 million tonnes per annum (mtpa) of green ammonia and 1 mtpa of green methanol. This includes developing port infrastructure across AM Green Net-Zero Industrial Clusters to facilitate global exports; developing bunkering infrastructure across Dubai, India, and Southeast Asia for green ammonia and methanol supplied from AM Green plants; and establishing strategic terminal infrastructure across the European Union, Far East, and UAE to provide the required zero-carbon supply chain to support their transition to a low-carbon economy.
AM Green is developing multiple projects across India, using renewable energy sources, including solar, wind and hydroelectric power, to produce sustainable aviation fuel (SAF), green ammonia, green hydrogen, chemicals and biofuels. It aims to reach 5 mtpa of green ammonia production capacity by 2030. This output will be equivalent to 1 mtpa of green hydrogen, representing one-fifth of India’s target for green hydrogen production and 10% of Europe’s target for green hydrogen imports. The company has already taken a final investment decision for a 1 mtpa green ammonia plan in Kakinada, Andhra Pradesh on India’s eastern coast.
Mahesh Kolli, founder, Greenko Group and AM Green, stated: “We are excited to partner with DP World to build a world-class infrastructure for the global movement of green molecules. This strategic partnership will enable us to efficiently export green ammonia, green methanol, and other sustainable fuels, enhancing the global green supply chain and supporting the global shift to a low-carbon economy.”
Yuvraj Narayan, group deputy CEO and CFO, DP World Group, said, “As part of our commitment to driving sustainable supply chains, partnering with AM Green allows us to harness our expertise in logistics and infrastructure to facilitate the global distribution of clean fuels and chemical products. Together, we aim to play a pivotal role in enabling a low-carbon economy and advancing global sustainability goals.”
AM Green is promoted by founders of Greenko Group, which builds, owns and operates renewable energy assets and is in the process of constructing mega closed-loop pumped storage assets which will enable supply of round-the-clock power at a very competitive rate.
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