CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

SJVN’s green energy arm signs deal with AM Green

Power Generation  -  Jul 05,2024  - 

SJVN's green energy arm will supply 4.5 gigawatt (GW) of renewable energy to AM Green Ammonia Holdings.

The company, promoted by Greenko Group founders Mahesh Kolli and Anil Kumar Chalamalasetty, is in the process of setting up one of the world's largest green ammonia production facilities, which will begin with the production of one million tonnes of green ammonia per annum in the first phase, and ramp it up to five million tonnes per annum (mtpa) in the second, set to be completed by 2030.

Five million tonnes of green ammonia is equivalent to about one million tonnes of green hydrogen.

Under the agreement signed on 26 June, SJVN Green Energy (SGEL) will supply 4.5 GW of renewable energy to AM Green’s upcoming green ammonia facilities, said a company statement.

SGEL, a wholly owned subsidiary of SJVN, will set up the required solar and wind capacities, while AM Green will integrate it with pumped hydro storage to ensure a steady supply of green energy to its production facilities.

 

Company : SJVN Green Energy (SGEL)