India and Japan Ink First-Ever Green Ammonia Export Deal

India and Japan have signed a groundbreaking agreement for the export of green ammonia. The deal involves Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power Co, and NYK Line. This partnership underscores India's ambitions to become a leader in green energy and lays the foundation for future collaborations.


Devdiscourse News Desk | New Delhi | Updated: 20-08-2024 20:41 IST | Created: 20-08-2024 20:41 IST
India and Japan Ink First-Ever Green Ammonia Export Deal
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In a historic move, India and Japan have signed the first-ever agreement for the export of green ammonia, signaling a new era in green energy collaboration. The deal involves key players like Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power Co, and NYK Line, aiming to establish a robust supply chain.

Chaired by Union Minister of New and Renewable Energy Pralhad Joshi, the Heads of Terms (HoT) agreement outlines the roles of each company. Sembcorp Industries will produce green ammonia in India, leveraging renewable energy sources. Kyushu Electric Power will incorporate this green ammonia into its energy mix, while Sojitz Corporation will facilitate business connections, and NYK Line will handle maritime transportation.

This agreement is a significant step towards India's goal of becoming a global leader in green hydrogen and ammonia production. With abundant renewable energy resources, India is well-positioned to scale up its green energy production. The collaboration with Japan not only highlights India's growing prominence but also sets the stage for future ambitions in the green energy sector.

(With inputs from agencies.)

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