India's NTPC Green sets price range for USD-1.2bn IPO
Nov 13, 2024 11:49 CESTIndia’s AM Green has formalised its partnership with Belgian mechanical engineering specialist John Cockerill with an order to supply electrolysis technology for a 1.3 GW green hydrogen-to-ammonia project in Kakinada, Andhra Pradesh.
Touted as India's biggest electrolyser deal, the contract will be executed in two phases of 640 MW each, with the first batch of advanced pressurised alkaline electrolysers to be covered by the European company.
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As part of the partnership, AM Green and John Cockerill will set up India's largest electrolyser manufacturing plant in Kakinada with a capacity of 2 GW per year. The future plant will supply the remaining 640 MW of electrolysers needed.
The engineering, procurement services, construction management and commissioning (EPsCm) services for the entire hydrogen-to-ammonia facility have been assigned to Rely, John Cockerill’s joint venture with Technip Energies.
AM Green took a final investment decision (FID) on the hydrogen-to-ammonia project in August. The site will be located at an existing urea plant in Kakinada in the state of Andhra Pradesh and, once completed, it is expected to have an output of one million tonnes of green ammonia per year.
The Kakinada facility, which is part of AM Green’s goal of achieving an annual production capacity of 5 million tonnes per year of green ammonia by 2030, has been certified by CertifHy as compliant with EU RFNBO requirements for green ammonia, including additionality and renewable energy timeliness. Part of the output of the plant will be exported to Europe.
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