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January

Renewable Energy

ACME to supply Green Ammonia to Japan’s IHI Corporation

[Source - BusinessLine , 19 January 2024]

Author

Priti Dubey

Notable because

In 2023, India announced the National Green Hydrogen Mission, which aims to set up at least 5 MMT per annum of green hydrogen production facilities by 2030 and become a green hydrogen export hub. The agreement to offtake green ammonia by Japan is a significant development in this direction. In addition to the agreement with the offtaker, the financing of the green hydrogen and green ammonia production facility has been tied up with REC.

What to look out for in the months ahead

Which other green hydrogen production companies will tie up with international offtakers?

Others Insights From This Month

Instruments & Regulations

ACME to supply Green Ammonia to Japan’s IHI Corporation

Notable because

What to look out for in the months ahead

Others Insights From This Month

REC Limited issues first Japanese Yen green bonds ...

Reliance, ACME, seven others selected for govt sop...

Cabs, delivery service platforms must register on ...

EV makers pitch for comprehensive, consistent poli...

New NBFC to ease credit for infra projects on cards

REC targets 10 million rooftop solar installations...

Mahindra Group, Ontario Teachers Pension Plan laun...

MNRE launches scheme to incentivise production of green hydrogen

Centre revises rooftop solar subsidies to amplify clean energy reach

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