Energy giant, Uniper and renewable energy company, Greenko ZeroC, the green molecule production arm of the Greenko Group, has announced the signing of a memorandum of understanding (MoU) to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia production facility in Kakinada, India.
Greenko’s Kakinada project is a multi-phase green ammonia production and export facility adding up to 1 MTPA of green ammonia production capacity by 2027. The first phase of Greenko’s facility in Kakinada produces green ammonia based on an electrolyser powered by round the clock (RTC) renewable electricity produced by 2.5 GW of renewable assets in India and reinforced by their Pinnapuram Integrated Renewable Energy Storage Plant (IRESP).
Anil Chalmalasetty, CEO of Greenko says: ‘Greenko is working towards decarbonisation solutions for a low-carbon economy. We are partnering with a world-class technology partner in John Cockerill and will jointly develop large-scale green molecule projects in India. We are extremely delighted to partner with Uniper through this offtake agreement for our project which will eventually displace LNG imports and strengthen India’s green molecule ambitions as part of a wider renewable energy program that will see India run the world’s largest energy transition program.’
‘Greenko has been one of the most agile players in the green molecule market in this region. With Uniper as the offtake partner for green ammonia, the partnership will benefit from the additional value added through Uniper’s global commodity trading and logistics network. We look forward to advancing this transaction with Greenko,’ adds John Roper, CEO, Middle East at Uniper.
