Nasdaq-listed ReNew Energy Global plc signed an agreement with JERA Co., Japan’s power generation major, to jointly develop a green ammonia production facility in India. ReNew in a public statement said its subsidiary, ReNew E-Fuels Private Limited, and JERA will jointly evaluate the development of a green ammonia production project in Paradip, Odisha.
There will be a joint study to evaluate the commercial viability of the project, the company said.
“The project will utilise approximately 500 MW of high-capacity utilisation factor (CUF) renewable energy to produce green hydrogen, a key feedstock for green ammonia. The project is likely to have a production capacity of approximately 100,000 tonnes of green ammonia annually by 2030,” said the company’s statement on Thursday.