ACME Group Wins Landmark Green Ammonia Production Project

ACME Group has secured a Letter of Award for a green ammonia production project under the SIGHT scheme. It will supply 75,000 metric tonnes annually to Paradeep Phosphates Ltd in Odisha for ten years. This award is pivotal for India's clean energy adoption and the decarbonization of hard-to-abate sectors.

In a significant development, ACME Group announced receipt of a Letter of Award (LoA) for a pivotal green ammonia production project as part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme.

Under the agreement, ACME Group is set to deliver 75,000 metric tonnes of green ammonia annually to Paradeep Phosphates Ltd, a major player in India's chemicals and fertilizer industry, for a decade-long period. The project is stationed at Paradeep, Odisha.

The award solidifies ACME Group's position in India's renewable energy sector, marking a key stride in the commercialization of green hydrogen derivatives like ammonia, with a commitment to initiating the supply within 36 months, following a competitive auction process.

(With inputs from agencies.)