Tuesday 12 July 2022

ACME unveils plans for 1.5GW green hydrogen and ammonia project in India

Indian solar company ACME has unveiled plans to develop a 1.5GW green hydrogen and ammonia plant in the state of Tamil Nadu.

It signed a memorandum of understanding with the Tamil Nadu Government for the project, which would be powered by a 5GW solar plant and produce 1.1 million tonnes of ammonia.

ACME expects to invest Rs.52,474 crore (£5.5bn) in the project and also plans to create an “ecosystem of smaller units”.

Manoj K Upadhyay, Founder & Chairman, ACME Group said: “This will be one of the largest plants in India and perhaps largest in the world.

“This plant will produce green hydrogen and ammonia, which will help to decarbonise sectors such as fertilisers, power, refining and steel, among others. The project requires four ingredients – solar radiation, access to port, availability of land and skilled resources. Tamil Nadu offers all of these.”