Am Green signs PPA with Gentari for 650mw clean energy to power green ammonia plant
HYDERABAD: AM Green Ammonia India pvt ltd on Monday said it executed a firm and binding power purchase agreement (PPA) with clean energy solutions provider Gentari through its subsidiary, Gentari Renewables India Castor One Private Limited. Gentari will supply 650 MW round-the-clock (RTC), carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities as part of a long-term PPA.
Under the arrangement, Gentari will set up approximately 2400 MWp of renewable energy capacity, comprising both solar and wind, in Andhra Pradesh and Karnataka. This will be the single largest greenfield project by Gentari globally. Gentari will integrate this with 350 MW/2100 MWh energy storage to supply firm and dispatchable green power to AMG Ammonia’s facilities.
AMG Ammonia is developing one of the world’s largest green ammonia platforms, with a target to achieve five million tonnes per year by 2030 as part of efforts to achieve net zero targets both in India and OECD markets. This output will be equivalent to approximately 1 MTPA of green hydrogen, accounting for one-fifth of India’s target for green hydrogen production under the National Green Hydrogen Mission and 10% of Europe’s target for green hydrogen imports.
Gentari country head for India, Navjit Gill, said while the solar project will be constructed at a single location, the wind projects will be spread across multiple locations connected through the ISTS network.
“This will be a one-of-its-kind project, integrating with energy storage to supply firm and dispatchable green energy to AMG Ammonia’s facilities. With our aligned vision and extensive expertise, we aim to drive rapid progress in expanding India’s renewable energy capacity and fostering sustainable growth in the green electron-to-molecule chain,” he said.
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AMG Ammonia is developing one of the world’s largest green ammonia platforms, with a target to achieve five million tonnes per year by 2030 as part of efforts to achieve net zero targets both in India and OECD markets. This output will be equivalent to approximately 1 MTPA of green hydrogen, accounting for one-fifth of India’s target for green hydrogen production under the National Green Hydrogen Mission and 10% of Europe’s target for green hydrogen imports.
Gentari country head for India, Navjit Gill, said while the solar project will be constructed at a single location, the wind projects will be spread across multiple locations connected through the ISTS network.
“This will be a one-of-its-kind project, integrating with energy storage to supply firm and dispatchable green energy to AMG Ammonia’s facilities. With our aligned vision and extensive expertise, we aim to drive rapid progress in expanding India’s renewable energy capacity and fostering sustainable growth in the green electron-to-molecule chain,” he said.
Stay ahead in business with The Times of India. Check out Financial Calculators like SIP, PPF, FD, NPS and Mutual Fund Calculators.
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