Gentari, through its subsidiary Gentari Renewables India Castor One, has signed a power purchase agreement (PPA) with AM Green Ammonia India (AMG Ammonia) to supply 650 MW of round-the-clock (RTC) renewable energy. To fulfill this agreement, Gentari will establish approximately 2,400 MW of combined wind and solar energy capacity in India, integrated with 350 MW/2,100 MWh of energy storage systems to ensure a firm and dispatchable supply of green energy.
The solar project will be located at a single site, while the wind projects will span multiple locations, connected through the interstate transmission system network. These projects will be developed in Andhra Pradesh and Karnataka in India. The energy supply arrangement complies with the Renewable Fuels of Non-Biological Origin framework, enabling AMG Ammonia to target European and other international markets.
In November 2023, Gentari International Renewables Pte Limited, AM Green, and GIC collectively invested in AM Green Ammonia Holdings BV (AMG Ammonia), aiming to produce 5 million tonnes of green ammonia annually by 2030 using RTC renewable energy sources, with initial exports planned by 2025 to OECD markets, including Germany, Japan, South Korea, and Singapore.
In September 2024, RWE Supply & Trading signed a MoU with AM Green Ammonia B.V. (AMG) for the long-term provision of 250,000 tonnes of green ammonia annually from AMG’s facilities in India. The ammonia will be produced at the Kakinada and Tuticorin sites in India, with an initial production of 50,000 tonnes at Kakinada and up to 200,000 tonnes sourced from Tuticorin.
REGlobal’s Views: India is expected to emerge as an important export hub for green hydrogen and its derivatives especially for the industries in Europe. This is being driven by significant activity both on the policy as well as project deployment side. Not just private entities, but public companies are taking an active interest in green hydrogen especially those in the oil and gas, fertilisers, steel and other energy intensive sectors.
