In order to jointly study the possibility of establishing a 2,50,000 tonne green ammonia production facility in India, Singapore’s Keppel Corporation will collaborate with GIC Holdings Pte Ltd, the Abu Dhabi Investment Authority, and Japan’s ORIX Corporation-backed Greenko Group.
From the 20,000 crore green hydrogen mission, the Indian government also intends to set aside approximately Rs 6,000 crore each for production-linked incentive (PLI) schemes for electrolysers and green hydrogen.
Water is divided into hydrogen and oxygen in an electrolyser that is powered by renewable energy sources like sun and wind. This process produces green hydrogen.
A Greenko release states, “Keppel Infrastructure Holdings Pte Ltd (Keppel Infrastructure) and Greenko Group (Greenko), through their subsidiaries, have signed a deal to jointly explore green ammonia and renewable energy opportunities to meet the growing demand for low carbon energy in India, Singapore and globally”.