Offtake term sheets signed for Indian renewable ammonia
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Offtake term sheets signed for Indian renewable ammonia

Julian Atchison June 12, 2024

Sojitz and Kyushu Electric will offtake the full volume of ammonia production from the first phase of Sembcorp’s under-development production project in India, with the intention to supply various industrial customers in the Kyushu region of Japan. In more term sheet news, Avaada will supply renewable ammonia to Mysore, a distributor of ammonia to Indian customers.

Avaada Group: $2 billion secured for new Odisha project
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Avaada Group: $2 billion secured for new Odisha project

Julian Atchison October 24, 2023

REC Limited has committed nearly $5 billion total to three new energy projects in Odisha state, including renewable ammonia projects to be developed by Avaada and ACME Group. Avaada also announced that its facility will include a “cutting-edge” ammonia storage facility, to be developed at Gopalpur Port. The new funds follow a $1 billion investment in Avaada from infrastructure giant Brookfield earlier this year.

India: renewable developments
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India: renewable developments

Julian Atchison September 14, 2022

In Indian developments this week:

  • Avaada Group and the Rajasthan state government will jointly develop a $5 billion, million-tonne-per-year renewable ammonia plant in the city of Kota.
  • Multinational Larsen & Toubro has switched on a new renewable hydrogen plant for its Hazira manufacturing complex in Gujarat.
  • Korean steelmaker POSCO and Greenko have signed an MoU to cooperate in green hydrogen and ammonia production in India.
  • And at our recent Australia conference, IEEFA’s Kashish Shah outlined how renewable hydrogen & ammonia can relieve the burden of US$13 billion in subsidies paid every year to the fertiliser sector in India.