Shimla: SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the PSU Satluj Jal Vidyut Nigam (SJVN) Limited, has signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited.
The collaboration aims to enhance the long-term supply of Renewable Energy for the Private Enterprise’s Green Ammonia plants in Andhra Pradesh. The MoU was signed by the Ajay Singh, CEO, SGEL, and Bhuwan Chandra Tripathi, CEO of AM Green Ammonia, in the presence of A M Jha, CFO of SGEL, and Akhileshwar Singh, Director (Finance) of SJVN. Based in Kakinada, Andhra Pradesh, AM Ammonia (India) Private Limited is a rapidly growing Green Ammonia Platform. The platforms will be developed in two phases, beginning with a capacity of 1 million tonnes per annum (MTPA) and increasing to 5 MTPA by 2030, where 5 MTPA is equivalent to 1 MTPA of hydrogen.
Over the course of three segments, SGEL will investigate the establishment of 4,500 MW of renewable energy projects in India, which will include 2,500–3,000 MW of solar projects and 1,500–2,000 MW of wind projects. This will guarantee a supply of approximately 11,500 million units annually.
