Yara Clean Ammonia and Greenko ZeroC have signed a term sheet for supply of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada, India.
This term sheet and the subsequent offtake agreement covers the long-term supply of up to 50% of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada. The plant will produce, and export renewable ammonia derived from round-the-clock carbon free energy by 2027.
Renewable ammonia and other sustainable fuels from AM Green’s platform, will be compliant with EU RFNBO and Renewable Energy Directive requirements. For Yara Clean Ammonia, the renewable ammonia supply will contribute to produce low-emission fertilizer and for de-carbonising other industries like shipping, power, and energy intensive industries.
Mr. Mahesh Kolli, President of AM Green said, “We are delighted to…
