New Delhi, Aug 21 (IANS) India has signed an agreement for the export of green ammonia to Japan marking a significant step forward in the country’s journey to becoming a global leader in green energy in green hydrogen and ammonia production, the Ministry of New & Renewable Energy (MNRE) said.
The Heads of Terms (HoT) project offtake agreement was signed between Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power and NYK Line solidifying a cross-border green ammonia supply partnership from India to Japan. Minister of New & Renewable Energy Pralhad Joshi was present on the occasion.
Sembcorp Industries will lead the production of green ammonia in India, utilising renewable energy sources. Kyushu Electric Power has committed to integrating this green ammonia into its energy mix, partially replacing coal consumption at its thermal power plants in Japan.
Sojitz Corporation will act as the business intermediary, facilitating the connection between the ammonia producer and the off-taker. NYK Line will oversee the maritime transportation of green ammonia from India to Japan.
“This agreement will help establish a robust supply chain from production in India to consumption in Japan, paving the way for future collaborations in the green energy sector,” Joshi said.
The Minister informed that a tender for 7.5 lakh tonnes per annum (TPA) of Green Ammonia is currently live, and additional tenders for 4.5 lakh TPA capacity have also been floated.
These efforts are part of India’s broader strategy to award incentives for the production of over a million tonnes per annum of Green Hydrogen, demonstrating India’s capability and intent to scale up green energy production at an unprecedented pace, he added.
The Minister expressed confidence that this agreement is just the beginning of India’s expanding capabilities in the green energy sector, with future endeavours expected to be even more ambitious and impactful.
This agreement reinforces India’s position as a key player in the global green energy market and reflects the government’s steadfast support for green hydrogen and renewable energy initiatives. The collaboration with Japan is a testament to India’s growing expertise and commitment to sustainable development and energy independence.
–IANS
sps/uk
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
