Deal for EU offtake from India’s first green ammonia project

14 February 2023

Uniper and Greenko ZeroC (the green molecule production arm of the Greenko Group) have signed a Memorandum of Understanding and Heads of Terms for Uniper to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia production facility in Kakinada, India. Under the MoU, Greenko and Uniper intend to negotiate a first of its kind innovative pricing, supply and tenure structure for a supply and purchase agreement for 250 000 tonnes per annum of green ammonia.

Greenko’s Kakinada project is a multi-phase production and export facility adding up to 1 MTPA of green ammonia production capacity by 2027. The first phase of the facility in Kakinada produces ammonia based on an electrolyser powered entirely by renewable electricity produced by 2.5 GW of renewable assets in India and reinforced an integrated energy storage plant.

The key differentiator that is said to set this project apart is the integration of pumped storage plant to balance out the intermittent and seasonality of renewable production and achieve a high annual plant load factor upwards of 85 %, allowing for flexible and dispatchable supply of green ammonia competitively.

Uniper and Greenko also intend to collaborate on the deployment of similar flexible renewable electricity to other hydrogen products such as e-methanol and sustainable aviation fuels.

Image: From left to right (in foreground only): John Roper, CEO of Uniper Middle East; Hon'ble Hardeep Singh, Union Minister of Petroleum and Natural Gas, India; Anil Chalamalasetty, Founder, CEO and Managing Director of the Greenko Group; Mahesh Kolli, Founder, President and Joint Managing Director of the Greenko Group (courtesy of Uniper)

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