Gentari, a leading clean energy provider, has entered into a firm and binding Power Purchase Agreement with AM Green Ammonia India Private Limited (AMG Ammonia). This collaboration will see Gentari supplying 650 MW of round-the-clock, carbon-free energy to power AMG Ammonia’s forthcoming green ammonia facilities.
Under the agreement, Gentari will establish approximately 2400 MWp of renewable energy capacity, comprising solar and wind power, in India. This will be integrated with 350 MW / 2100 MWh of energy storage to ensure a steady and reliable supply of green power to AMG Ammonia’s operations. The project is set to be executed in the states of Andhra Pradesh and Karnataka.
This initiative marks a significant advancement in Gentari’s capabilities, covering the entire clean energy value chain from generating green electrons to producing green molecules. The power supply conditions are tailored to meet the rigorous demands of a green ammonia plant, setting a precedent for future carbon-free energy contracts. The arrangement aligns with the Renewable Fuels of Non-Biological Origin (RNFBO) framework, enabling AMG Ammonia to cater to European markets and beyond.
Gentari is also working on developing supply chains to connect these green molecules with global demand centres, alongside innovations in shipping and logistics to ensure efficient international delivery.
AMG Ammonia is on track to develop one of the world’s largest green ammonia platforms, aiming for a production capacity of 5 million tons per year by 2030. This output will contribute significantly to India’s and Europe’s green hydrogen targets. The company recently reached a Final Investment Decision for its first million-ton green ammonia project in Kakinada, Andhra Pradesh.
Navjit Gill, Country Head for India at Gentari, expressed enthusiasm for the collaboration, highlighting its potential to accelerate renewable asset development in India. Mahesh Kolli, Founder of Greenko Group & AM Green, emphasised their commitment to supporting India’s green energy export ambitions and expressed confidence in the partnership with Gentari.
This agreement represents a pivotal step in expanding India’s renewable energy capacity and fostering sustainable growth in the green energy sector.