ADB and Japan Finance AM Green's Renewable Ammonia Project in Kakinada, Andhra Pradesh
chemindigest.comADB and the Japanese government are backing AM Green's renewable ammonia project in Kakinada, Andhra Pradesh, with a $100 million loan from LEAP-2. The plant will convert a former gas based ammonia and urea complex into a green ammonia facility with a target of 1.1 million tons per year. It is the first investment under the ACCEL initiative, which links energy security to clean energy infrastructure. AM Green will build the facility in two phases, each with a 547.5 kilotonne ammonia train. Phase 1 covers the first train and shared utilities, while Phase 2 depends on securing more long-term offtake agreements. If completed, the project would cut emissions from ammonia production and give India a foothold in the export market for lower-carbon industrial feedstocks.
