AM Green Ammonia has secured a minimum €585 million, 10-year renewable ammonia offtake deal with Germany-backed H2Global, linking its Kakinada Phase 2 project in Andhra Pradesh to planned supplies for Germany from 2029. The agreement places a major Indian green-fuel project inside Europe’s effort to build reliable supplies of renewable molecules for industries that are difficult to electrify.
The deal was awarded after a competitive auction conducted by H2Global’s trading arm, Hintco GmbH. AM Green’s offer ranked first among the submissions for the Asian lot, according to the company and Hintco. Hintco will purchase ammonia from AM Green for a minimum value of €585 million over the contract period and may buy additional quantities using proceeds from resales of green ammonia in the European market.
The ammonia is to be produced at AM Green’s Kakinada Phase 2 facility, where an existing natural gas-based ammonia and urea complex is being converted to operate using alkaline electrolysis. The project will use round-the-clock renewable electricity supported by pumped-hydro storage. The configuration is intended to meet European Union requirements for renewable fuels of non-biological origin, or RFNBOs.
The first shipments are expected in 2029 from Kakinada Seaports, which is located beside the plant. The port-linked arrangement gives the project a direct export connection and reduces the need for an additional inland transport leg between production and loading facilities. The agreement, however, establishes the planned supply arrangement; the supplied announcement does not provide further details on construction milestones, financing, production costs or the precise annual volume covered by the contract.
AM Green, promoted by the founders of Greenko Group, is developing renewable ammonia projects across India and has stated an ambition to reach 5 million tonnes per year of green ammonia capacity. Its 1-million-tonne-per-year Kakinada facility is under construction and is expected by the company to be among the world’s largest RFNBO-compliant green ammonia plants.
The Kakinada project illustrates the infrastructure requirements behind renewable ammonia exports. Producing the fuel at industrial scale depends not only on electrolysers but also on continuous renewable power, energy storage, ammonia-handling systems and port access. In this case, the project is being developed around the conversion of an existing ammonia and urea complex, while pumped-hydro storage is intended to support the round-the-clock power requirement.
Timo Bollerhey, chief executive and co-founder of H2Global’s Hintco, said the result demonstrated market momentum and that long-term contracts could provide investment certainty for producers while securing supplies for European buyers. Markus Exenberger, executive director of the H2Global Foundation, said renewable ammonia could transport clean power to industries that cannot be fully electrified.
Mahesh Kolli, president of AM Green Group, said the award validated India’s ability to deliver competitively priced green molecules at industrial scale. “This is an important milestone for AM Green, and only the beginning of the role we intend to play in building a global market for renewable molecules,” he said.
Hintco said complete auction results, including other regional lots, would be published before the end of 2026. For Kakinada, the next defined milestone is the planned start of shipments in 2029, subject to the project’s construction and commissioning progress.
