Economy
AM Green Secures €585 Million Green Ammonia Deal with Germany

AM Green Secures €585 Million Green Ammonia Deal with Germany

The Hindu1h
THE BRIEF
1

AM Green Ammonia secured a long-term purchase agreement worth a minimum of €585 million over 10 years to supply renewable ammonia to Germany.

2

The company emerged as the sole winner of the Asian lot in the H2Global auction conducted by Hintco.

3

The ammonia will be produced at AM Green's Kakinada project in Andhra Pradesh, with the first shipments expected to be exported in 2029.