CEO of Hintco and co-founder of H2Global Timo Bollerhey and AM Green Ammonia CEO Gautam Reddy.
| Photo Credit: Arrangement
AM Green Ammonia (India) has secured a long-term purchase agreement to supply renewable fuels of non-biological origin (RFNBO) ammonia to Germany after emerging as the sole winner of the Asian lot in the H2Global auction conducted by HINT.CO GmbH (Hintco).
Under the agreement, Hintco will purchase renewable ammonia from AM Green for a minimum value of €585 million over a 10-year period. The company may also acquire additional volumes quoted by AM Green, using proceeds generated from the resale of green ammonia in the European market.
The ammonia will be produced at AM Green’s Kakinada project in Andhra Pradesh, where the company is converting an existing natural gas-based ammonia and urea complex into a renewable ammonia production facility using alkaline electrolysis technology.
The project will be powered by AM Green’s round-the-clock renewable energy architecture, supported by pumped-hydro storage, to meet European Union requirements for renewable hydrogen-based fuels.
The first shipments to Germany are expected in 2029, with renewable ammonia exported from Kakinada Seaports, located adjacent to the production facility.
Promoted by the founders of Greenko Group, AM Green said the project will enable the supply of renewable ammonia to European and Asian markets while supporting industrial decarbonisation goals.
“From Kakinada, we will deliver renewable ammonia to European and Asian customers, turning ambitious decarbonisation targets into real industrial emissions reductions. This is an important milestone for AM Green,” said Mahesh Kolli, Group President and Joint Managing Director of AM Green.
Renewable ammonia enables the transportation of clean energy across oceans and can help decarbonise industries that are difficult to electrify, with minimal or zero carbon emissions.
H2Global is bringing together governments and industry to build resilient global supply chains for clean energy and commodities, said Markus Exenberger, Executive Director of the H2Global Foundation and Co-Founder of H2Global.
Published – September 30, 2026 06:33 pm IST
