India's Green Ammonia Revolution Amid Global Crisis
Five companies, including Acme Cleantec and NTPC Renewable Energy, inked a decade-long deal to supply 6.7 lakh tonnes of green ammonia to fertiliser firms. This move, amid the West Asia crisis, aims to reduce India's dependency on energy imports and strengthen its energy security.
- Country:
- India
In a landmark environmental initiative, five companies, including Acme Cleantec and NTPC Renewable Energy, signed a 10-year agreement to provide 6.7 lakh tonnes of green ammonia to major fertiliser firms like IFFCO and Coromandel International.
This critical development comes at a time when energy imports are being disrupted by the West Asia crisis, highlighting the urgency for energy independence. Acme Cleantec established strategic agreements with the Solar Energy Corporation of India (SECI) to supply a significant capacity of 3,70,000 tonnes annually. This agreement alone encompasses substantial allocations to multiple plants across India, ensuring competitive green ammonia pricing.
Reflecting on the agreement’s broader impact, New & Renewable Energy Minister Pralhad Joshi emphasized the critical importance of this energy alternative in boosting India's self-reliance. Additionally, the National Green Hydrogen Mission targets the increased integration of green hydrogen, promising a sustainable transformation in the country’s energy landscape.
ALSO READ
-
NCL Hits 140 MT Coal Output Target Ahead of Schedule, Reinforces India’s Energy Security Backbone
-
Rahul Gandhi Criticizes PM Modi over India-US Trade Deal and Energy Security
-
NUPPL Ignites Coal Production in Jharkhand: A Boost to India's Energy Security
-
Tensions and Testimony: India's Energy Security and the Controversial Finance Bill
-
EU Ministers Unite to Tackle Energy Security Amid Iran Conflict