Under the signed Memorandum of Understanding (MoU), the Singaporean and Indian companies will explore the feasibility of developing a production facility with capacity to produce at least 250,000 tonnes of green ammonia each year.
Additionally, Keppel and Greenko have said they will identify and evaluate solar and wind projects, up to an installed capacity of around 1.3GW to power hydrogen production from electrolysis to be used as a feedstock for the ammonia facility.
It is hoped the partnership will support India’s goals of producing five million tonnes of green hydrogen per annum by 2030, with ambitions of becoming a production and export hub for the clean energy carrier.
Anil Kumar Chalamalasetty, CEO and Managing Director of Greenko, commented, “The transformation of India from a carbon-based fossil energy importer to an exporter of renewable energy-derived products like green hydrogen, green ammonia, and other green molecules, is the cornerstone of Greenko’ s strategy for future growth. Partnerships like these with Keppel are key enabling aspects in an accelerated execution of this vision.”
Cindy Lim, CEO of Keppel Infrastructure, added, “Green ammonia, as a carbon-free fuel, and an energy storage medium, as well as a transportation vector for hydrogen, has the potential to play a pivotal role in the decarbonisation of the energy and heavy industry sectors.
“This MOU with Greenko further underlines Keppel’s strategy to be at the forefront of providing innovative, sustainable energy solutions to help the world combat climate change.”
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