India-based integrated power utility Torrent Power Limited will invest over $7.6 billion in renewable energy generation and ammonia production in Gujarat. Momentum for renewable ammonia continues to build in India, with related news on certification and electrolyser manufacturing subsidies.
The Solar Energy Corporation of India has released final details for the subsidy scheme, which will assist the decarbonisation of fertiliser production in India. Eleven renewable ammonia production projects will be matched to eleven fertiliser manufacturers in a reverse auction process, with annual tonnages and delivery schedules for ammonia already set.
The Indian government has launched a new incentive scheme for renewable ammonia, aiming to support the production of 550,000 tonnes per year from 2027. The news comes as the first winners of subsidies for renewable hydrogen production & domestic electrolyser manufacturing were announced. In December, the government also amended an existing scheme to provide financial assistance for new-build vessels powered by green fuels, including ammonia.