Yara Clean Ammonia, the world’s largest trader and distributor of ammonia, and Greenko ZeroC, the green ammonia production division of India-based AM Green, have signed a term sheet for the supply of renewable ammonia from Phase 1 of AM Green’s ammonia production facility in Kakinada, India.

This agreement outlines the long-term supply arrangement for up to 50 percent of the renewable ammonia produced at the Kakinada facility. Scheduled to be operational by 2027, the plant will generate and export renewable ammonia derived from continuous, carbon-free energy.

AM Green’s renewable ammonia and other sustainable fuels will meet the requirements of the EU’s Renewable Fuels of Non-Biological Origin (RFNBO) and the Renewable Energy Directive. For Yara Clean Ammonia, the renewable ammonia supply will support the production of low-emission fertilisers and contribute to the decarbonisation of various industries, including shipping, power generation, and other energy-intensive sectors.

Mr. Mahesh Kolli, president of AM Green, expressed enthusiasm about the partnership, stating, “We are delighted to partner with Yara Clean Ammonia to drive the transformation of various industries and numerous OECD economies. Our continuous focus on innovation and execution reinforces AM Green’s leadership as a global clean energy transition solutions platform for low-cost green molecules such as hydrogen, ammonia, fuels, and other chemicals.”

Mr. Hans Olav Raen, CEO of Yara Clean Ammonia, highlighted the significance of the collaboration, saying, “The AM Green Kakinada project enhances our portfolio of ammonia produced with renewable energy and solidifies Yara Clean Ammonia’s position as a reliable supplier of low-emission ammonia to both established and emerging markets. These markets include fertiliser production, clean ammonia-to-hydrogen conversion, shipping fuel, power generation, and various industrial applications.”

The partnership between Yara Clean Ammonia and Greenko ZeroC marks a significant step towards advancing the global clean energy transition, leveraging renewable resources to produce sustainable ammonia for diverse industrial applications.

For more information visit www.yara.com

14th May 2024