Adani Enterprises on Friday announced a 50:50 joint venture with Kowa Holdings Asia for the sales and marketing of green ammonia, green hydrogen and its derivatives produced and supplied by the Adani Group.
The joint venture agreement was signed between Adani Global Pte Ltd, Singapore, which is Adani Enterprises’ step-down wholly-owned subsidiary, and Japan’s Kowa Holdings. The company did not divulge any further details related to the joint venture, including the agreed territory for the stated sales and marketing.
