JERA and AM Green ink green ammonia supply deal for bunkering
Green ammonia would primarily be supplied to a business venture jointly to be formed by “K” Line and NYK Line, which plans to utilise an ammonia bunkering vessel to supply fuel to car carriers.
Japan’s power generation company JERA and AM Green Ammonia (India) (AM Green) on Tuesday (27 October) jointly announced that it has entered into a Binding Heads of Agreement (HoA) with AM Green regarding the long-term supply of green ammonia produced in India.
Under the HoA, JERA and AM Green have agreed upon the terms of supply of approximately 70,000 metric tonnes (mt) of green ammonia annually over five years with potential extension of term for additional supply from AM Green’s production facility in Kakinada, Andhra Pradesh, India, to Japan.
“This marks one of the first large-scale green ammonia based bunkering initiatives globally,” the companies said.
Green ammonia will be produced at AM Green’s Kakinada facility in Andhra Pradesh, India, planned to be commissioned by 2028/29. The facility will be supported by AM Green’s innovative round-the-clock renewable energy architecture, reinforced by pumped-hydro storage, powered by advanced alkaline electrolysis technology ensuring the product meets internationally recognised low-carbon standards and is benchmarked against the European market requirements.
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