JERA Co., Inc has announced the conclusion of an agreement with ReNew E-Fuels Private Limited, a subsidiary of ReNew Energy Global PLC, one of the largest clean energy companies globally, to jointly develop a green ammonia production project.
Under the terms of the agreement, JERA and ReNew will undertake the following:
- Collaborate on the development of a project (“the project”) from basic design through detailed design for ammonia production in Paradip, Odisha, India, using approximately 500 MW of high capacity utilisation factor (CUF) renewable energy. The green hydrogen produced will serve as a raw material for generating approximately 100,000 tonnes of green ammonia annually.
- Supply approximately 100,000 tonnes of green ammonia produced from the project to Japan annually with JERA.
India’s government has launched various schemes to support the green hydrogen and ammonia ecosystems under its National Green Hydrogen Mission, leveraging the country’s high potential for renewable energy. Japan’s government has also announced initiatives to accelerate the transition to clean energy.
Having fostered a strong relationship with ReNew since 2017, JERA will benefit from ReNew’s expertise in renewable energy development, while ReNew will leverage JERA’s proficiency in building full value chains.
Yukio Kani, global CEO & chair of JERA, expressed, “Since 2017, JERA has maintained a strong partnership with ReNew, and we are pleased to expand this collaboration to the next level: the first green hydrogen and ammonia development project for JERA.”
Sumant Sinha, founder, chairman, & CEO of ReNew, stated, “This collaboration marks an exciting time for both ReNew and JERA and demonstrates our commitment to accelerating the clean energy transition.”
The collaboration between JERA and ReNew underscores their dedication to bolstering the strong relationship between Japan and India while advancing their goals of achieving Net Zero and promoting green hydrogen, contributing to the global transition to a decarbonised society. JERA will accelerate renewable energy development through its subsidiary JERA Nex, contributing to the production of green hydrogen and ammonia, thereby facilitating global decarbonisation and addressing energy challenges, particularly in Asia.
For more information visit www.jera.co.jp
