Coal India Limited (CIL) has entered into a non-binding memorandum of understanding (MoU) with AM Green, a subsidiary of the Greenko Group, to supply 4.5 gigawatts (GW) of renewable energy for green hydrogen and ammonia production.
This agreement, one of the largest of its kind globally, signifies a monumental step in India’s commitment to achieving net-zero emissions and establishing itself as a leader in the green energy sector. Under the terms of the MoU, CIL will develop and deliver a combination of solar and wind energy capacity across India, with the first phase expected to provide 1,500 MW within two years. The renewable energy will be integrated with pumped hydro storage systems by AM Green to ensure a consistent and reliable supply of green energy to its facilities. This strategic partnership aims to support AM Green’s ambitious plan to produce up to 5 million tonnes per annum (MTPA) of green ammonia by 2030, positioning India as a significant player in the global green hydrogen market.
The collaboration aligns with India’s National Green Hydrogen Mission, which targets the production of 5 MTPA of green hydrogen by 2030. This initiative not only supports domestic energy needs but also aims to meet a substantial portion of Europe’s green hydrogen import requirements, further enhancing India’s role in the global clean energy transition. The project is set to unfold in multiple phases, with SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, tasked with establishing the necessary renewable energy infrastructure. The integration of pumped hydro storage by AM Green will facilitate round-the-clock energy supply, addressing the intermittency challenges associated with renewable energy sources.
This partnership marks a significant milestone in India’s renewable energy landscape, demonstrating the potential for large-scale collaborations between public and private entities in advancing the nation’s clean energy goals. As the project progresses, it is expected to create numerous employment opportunities, stimulate technological innovation, and contribute to the development of a robust green hydrogen ecosystem in India.
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