Yara Clean Ammonia, a subsidiary of Norway’s Yara International, and Greenko ZeroC, part of India’s AM Green, have signed a term sheet to supply renewable ammonia from AM Green’s Kakinada facility in India.
The term sheet and offtake agreement covers the long-term supply of up to 50% of renewable ammonia from Phase 1 of AM Green’s ammonia production site, which will produce and export renewable ammonia by 2027.
According to Yara, the ammonia will be used to produce low-emission fertiliser and for decarbonising shipping, power and other energy-intensive industries.
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