The new loan from the World Bank will go towards programs that support the production of hydrogen via electrolysis, as well as the manufacture of electrolyser units themselves. In June 2023, an initial $1.5 billion was provided from the World Bank to assist implementation of key hydrogen policy measures in India.
The pair have signed a supply agreement from Hygenco’s under-development, $2.5 billion renewable ammonia project in Gopalpur Port, Odisha. By establishing supply chains from India to Europe and Asia, the pair aim to capture a significant share of the developing global market for low-carbon ammonia.
CertifHy has awarded RFNBO pre-certification to Greenko subsidiary AM Green for its under-development hydrogen and ammonia production facility in southern India. By 2030, Greenko aims for a capacity of one million tons per year of electrolytic hydrogen, feeding the production of 5 million tons per year of ammonia.
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.
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.
Nel will license its alkaline electrolyser technology to India-based Reliance Industries which will manufacture them for the Indian market.
Fifty percent of phase one production will be supplied to Yara Clean Ammonia from Greenko’s planned production facility in Kakinada, southern India. The offtake agreement covers “long-term supply” of ammonia, which will be compliant to EU import requirements.
Hygenco will establish a 1.1 million tons per year renewable ammonia project in the Gopalpur Industrial Park. Hygenco recently commissioned the Steel One project, one of India’s first MW-scale, electrolytic hydrogen production plants.
OCI Global will deliver ammonia produced at its Texas plant to COMPO EXPERT in Germany, replacing 25% of its feedstock with low-carbon ammonia from this year. Meanwhile, the Indian Farmers Fertiliser Cooperative Limited (IFFCO) will offtake 200,000 tons of renewable ammonia per year from ACME’s under-development plant in Gopalpur, Odisha. This second deal will be facilitated by the use of “Internationally Transferred Mitigation Outcomes” (or ITMOs), a credit mechanism established by the Paris Agreement.