Adani Global Pte Ltd, Singapore, a step-down wholly owned subsidiary of Adani Enterprises Ltd, has launched a 50:50 joint venture (JV) with Kowa Holdings Asia Pte Ltd, Singapore, for the selling and marketing of green ammonia, green hydrogen, and its derivatives.

The JV will focus on product marketing in Japan, Taiwan, and Hawaii.

The green hydrogen marketing joint venture with Kowa is a natural and strategic extension of Adani Group's long-standing marketing and trade relationship with Kowa.

Adani New Industries Limited (ANIL), the green hydrogen platform of Adani Group is developing end-to-end solutions to produce globally competitive green hydrogen and its associated sustainable derivatives at scale.

The first project of Adani New Industries Limited (ANIL) of 1 million metric tonnes per annum (MMTPA) green hydrogen is being implemented in phases in Gujarat. The initial phase is expected to start production by FY2027.