Uniper and AM Green Sign Long-Term Offtake Agreement
Uniper Global Commodities SE (“Uniper”) and AM Green Ammonia India Private Limited (“AM Green Ammonia”) have today disclosed the signing of a long-term binding offtake contract for renewable ammonia recognized as a Renewable Fuel of Non-Biological Origin (RFNBO).
The contract, the first of its nature for an Indian firm, was signed between Mr. Michael Lewis, Commander of the Order of the British Empire (CBE) and CEO of Uniper, and Mr. Anil Kumar Chalamalasetty, Founder & Group Chairman of AM Green, with His Excellency German Chancellor Friedrich Merz and Honourable Indian Prime Minister Shri Narendra Modi present today in Ahmedabad.
According to the agreement, Uniper will purchase as much as 500,000 tons annually from AM Green’s green ammonia initiatives.
The initial shipment is anticipated to occur as soon as 2028 from AM Green Ammonia’s inaugural 1 MTPA plant currently being built in Kakinada, Andhra Pradesh.
The agreement signifies a crucial step in India’s ambition to emerge as a top exporter of green hydrogen and green ammonia globally, in line with the Honourable Prime Minister's vision for the National Hydrogen Mission.
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For Uniper, the deal marks a major advancement in creating a varied portfolio of renewable and low-carbon molecules for customers in Europe. Renewable ammonia, serving as a feedstock and a possible hydrogen carrier, will aid in decarbonizing industrial sectors like chemicals, fertilizers, refining, and eventually, shipping. Uniper and AM Green Ammonia will persist in collaborating with certification organizations to guarantee traceability and robust reporting for European end customers.
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Anil Kumar Chalamalasetty, Founder, Greenko Group and AM Green says, “This agreement with AM Green Ammonia is a key building block in our strategy to provide our customers with reliable access to renewable and low carbon molecules at scale. Green ammonia stands out as one of the most promising solutions to decarbonize CO2- intensive production of chemicals, fertilizers and, through green hydrogen, also in refining.”
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“Importantly, it offers among the lowest CO2 avoidance costs compared to other renewable and low carbon molecules – thanks to its mature production process and the absence of carbon feedstock requirements. With clear, stable and credible rules – and with procurement and demand‑side measures such as clear quotas for renewable molecules that reward verified CO₂‑abatement performance – we can accelerate the decarbonization while safeguarding competitiveness. We are proud to help establish one of the first large-scale supply corridors between India and Europe,” adds Anil.