Pralhad Joshi presides over signing of agreement for export of Green Ammonia to Japan

The project offtake agreement marks a critical step in India’s quest to become a global leader in green hydrogen and ammonia production.


Devdiscourse News Desk | New Delhi | Updated: 20-08-2024 21:49 IST | Created: 20-08-2024 21:49 IST
Pralhad Joshi presides over signing of agreement for export of Green Ammonia to Japan
The Minister highlighted India’s rapid advancements in green hydrogen and renewable energy under the leadership of Prime Minister Shri Narendra Modi. Image Credit:
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In a significant development for India's green energy sector, Union Minister of New and Renewable Energy, Shri Pralhad Joshi, presided over the signing of a historic agreement for the export of Green Ammonia from India to Japan. The project offtake agreement marks a critical step in India’s quest to become a global leader in green hydrogen and ammonia production.

The Heads of Terms (HoT) agreement was signed between Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power Co., and NYK Line, establishing a pioneering cross-border green ammonia supply partnership. This collaboration, the first of its kind between India and Japan, highlights India’s increasing prominence on the global green energy stage.

Sembcorp Industries will spearhead the production of green ammonia in India, utilizing renewable energy sources. Kyushu Electric Power Co. has committed to incorporating this green ammonia into their energy mix, significantly reducing coal consumption at their thermal power plants in Japan. Sojitz Corporation will act as the intermediary, connecting the ammonia producer with the consumer, while NYK Line will manage the maritime transportation of the green ammonia from India to Japan.

During the event, Shri Pralhad Joshi emphasized the significance of this partnership, declaring, "Today is a historic day as we mark the first-ever agreement for the supply of Green Ammonia from India to Japan. This agreement will establish a robust supply chain from production in India to consumption in Japan, setting the stage for future collaborations in the green energy sector."

The Minister highlighted India’s rapid advancements in green hydrogen and renewable energy under the leadership of Prime Minister Shri Narendra Modi. He reiterated India’s commitment to becoming a global leader in green hydrogen and ammonia production through strategic partnerships, robust regulatory frameworks, and substantial investments.

Shri Pralhad Joshi also announced that a tender for 7.5 lakh TPA of Green Ammonia is currently open, with additional tenders for 4.5 lakh TPA capacity also in progress. These efforts are part of India’s broader strategy to incentivize the production of over a million tonnes per annum of Green Hydrogen, showcasing India’s capability and intent to scale up green energy production at an unprecedented pace.

The Minister further discussed the strong cultural and people-to-people ties between India, Japan, and Singapore, noting ongoing collaborations in energy efficiency and renewable energy technologies. He expressed confidence that this agreement marks just the beginning of India’s expanding role in the green energy sector, with future projects expected to be even more ambitious and impactful.

This agreement not only solidifies India’s position as a key player in the global green energy market but also reflects the Government of India’s unwavering support for green hydrogen and renewable energy initiatives. The collaboration with Japan underscores India’s growing expertise and commitment to sustainable development and energy independence.

 
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