AM Green wins H2Global auction for long-term supply of RFNBO ammonia to Germany

AM Green Ammonia (India) has been selected as the sole winner of the Asian lot in the H2Global auction run by HINT.CO GmbH (Hintco), securing a long-term purchase agreement for the supply of renewable fuels of non-biological origin (RFNBO) ammonia to Germany.

The award follows a competitive bidding process in which AM Green’s offer was ranked first among the submissions received. Over a period of 10 years, Hintco will purchase ammonia from AM Green for a minimum value of EUR 585 million. Hintco may purchase additional quoted volumes from AM Green using proceeds generated from the resale of green ammonia in the European market.

The ammonia will be produced at AM Green’s Kakinada project (Phase 2) in Andhra Pradesh, India, where the company is converting an existing natural gas-based ammonia and urea production complex into a production facility using alkaline electrolysis technology. Electricity for the process will be supplied through AM Green’s unique round-the-clock renewable power architecture backed by pumped-hydro storage, in line with EU requirements.

First deliveries to Germany are expected in 2029, with the ammonia shipped from Kakinada Seaports, which sits directly alongside the plant.

“The agreement marks a further step in AM Green’s development of large-scale renewable ammonia production in India and positions the company as a leading exporter of green molecules to Germany and the wider European market,” stated AM Green.

For H2Global, the award underlines the role of double-auction mechanisms in de-risking early-mover projects and enabling final investment decisions. Through H2Global, Germany is helping build clean industries abroad while securing a reliable supply of renewable hydrogen-based products at home.

HINT.CO GmbH (Hintco), the trading arm of H2Global, designs and runs customised double-sided auctions to buy and sell clean hydrogen-based products, acting as a neutral and impartial intermediary between producers and buyers. The auctions run by Hintco are funded by national governments including Australia, Canada, Germany and the Netherlands.