GREEN AMMONIA
Global lenders to back Brookfield’s 1.04 GW project with $600 mn
A group of international banks is financing Brookfield's significant renewable energy project in India. This venture combines wind, solar, and battery storage. The project aims to provide reliable power. It is a key step in India's growing green energy sector. This development highlights substantial investment in sustainable power solutions.
Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EV
Brookfield Asset Management is set to sell its 550-megawatt solar project in Bikaner, Rajasthan. The deal is valued at an estimated ₹3,000 crore. Investment bank Jefferies is managing the sale. Initial bids have come from overseas and domestic investors. This move is part of Brookfield's wider portfolio adjustments in India's growing renewable energy sector.
Assam’s capital Guwahati sees nightlife boom with rising clubs, cafes and jobs: Can politics keep up?
Guwahati is experiencing a vibrant metamorphosis into a bustling urban hub. The nightlife sparkles with the emergence of trendy clubs and chic bars, while cozy cafes serve as favorite spots for daytime socializing, fostering a surge in hospitality job opportunities. Infrastructure development, including new bridges and flyovers, is reshaping the city's landscape.
Green H2 blending can help cut gas, fuel imports: Prahlad Joshi
Green hydrogen blending in city gas and mobility can cut fuel imports. Minister Pralhad Joshi highlighted this potential. Pilot projects show feasibility. India is building a coordinated system for energy security. Green hydrogen and green ammonia are key to self-reliance. This effort strengthens domestic capability and resilient supply chains.
Exchange of green ammonia agreements a historic step towards sustainable fertiliser production: Union Minister Nadda
The initiative aims to reduce carbon emissions and ensure long-term energy security. Indian fertilizer companies have secured stable ammonia supply for ten years.
Don't buy HDFC Bank yet, but don't sell it either. Nischal Maheshwari on what the smart investor is doing
Market expert Nischal Maheshwari advises patience amidst geopolitical and corporate governance concerns, highlighting HDFC Bank's attractive valuation but urging caution. He sees long-term gains for L&T from Middle East reconstruction and believes IndiGo's stock reflects most of its headwinds. Maheshwari also favors established distributors for GLP-1 drugs and larger players in the microfinance sector.
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Buy, Sell or Hold: Morgan Stanley remains overweight on RIL; Elara Capital retains buy on PVR Inox
Brokerages remain bullish on select large-cap stocks, with Morgan Stanley overweight on Reliance Industries citing green energy monetisation, and Elara Capital backing PVR Inox on strong content and improving metrics. Goldman Sachs stays positive on BEL amid robust defence order inflows, highlighting sustained earnings visibility and long-term growth potential.
Reliance Industries shares in focus on $3 billion deal with Samsung. Check details
Reliance Industries has signed a $3 billion long-term agreement with Samsung C&T to supply green ammonia over 15 years starting FY2029. The deal highlights India’s growing role in green energy exports and supports Reliance’s integrated new energy platform focused on hydrogen, renewables, and clean technology manufacturing.
Stocks in news: RIL, Tata Motors, Ola Electric, Dilip Buildcon, Sun Pharma
Indian markets saw a volatile start, gaining over a percent as bargain hunters stepped in, pushing the Nifty back above 23,300. Investors are advised caution, awaiting sustained upward movement. Key stocks like RIL, Tata Motors, Sun Pharma, and Ola Electric are in focus due to significant corporate developments, including new supply deals and price adjustments.
Reliance Industries signs $3 billion green ammonia supply deal with Samsung C&T
Reliance Industries has struck a groundbreaking deal with Samsung C&T, marking a pivotal moment in environmental progress. The extensive 15-year agreement, worth over $3 billion, will kick off with the supply of green ammonia beginning in late fiscal 2029. This collaboration embodies Reliance's ambitious move towards clean energy production, reflecting the escalating international demand for sustainable fuel alternatives.
Rs 17k cr green steel plant, coal gasification projects to come up in Chandrapur
Addressing a gathering in the MIDC area of Telwasa in Bhadravati where he laid the foundation stones of the two mega projects, the Union Minister of Coal and Mines said the initiative will result in generation of high value items like ammonia nitrate, green steel and hydrogen, which need to be imported in large quantities at present.
These large- and mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 23%, according to analysts
For the last few days, the news tickers of business channels have carried this news: 40 out of the Nifty 50 stocks have ended in the red. Given how the international situation is panning out, we will likely see more such headlines. In such a situation, one needs to think and act. As a first step, you could bring stocks onto your watchlist. But that does not mean you do nothing at all after that. You need to act when the time is right.
ACME Solar raises Rs 2,300 crore from NaBFID
ACME Solar Holdings has secured ₹2,300 crore via a 15-year term loan from NaBFID to refinance dollar bonds maturing this year. The loan, priced between 8% and 8.50%, is backed by revenues from 12 operational solar SPVs, ensuring repayment comfort for the lender.
India announces standards of Green ammonia, methanol to accelerate trade of green hydrogen derivatives
India has notified Green Ammonia and Green Methanol Standards, setting emission thresholds for classification as 'Green'. These standards, crucial for the National Green Hydrogen Mission, aim to facilitate decarbonisation across key industries and bolster India's role as a green fuel exporter.
Iran war snarls key global hub for fertilizer supplies
Disruptions in the Strait of Hormuz, a key shipping route, are already driving up prices for essential crop nutrients. With farmers preparing for planting, these rising costs could translate into higher food inflation worldwide, impacting agricultural output.
India records lowest-ever price for green hydrogen in tender
Green hydrogen has been widely touted as a solution for hard-to-abate heavy industries like steel and cement, but demand and usage remain low, leading many investors to back out of projects. In India, low renewable energy costs, along with government incentives, including financial aid for green hydrogen production and equipment manufacturing, have helped the nation achieve competitive rates.
Global shipping industry sticks with green investments, despite carbon price delay
Global shipping giants are investing billions in cleaner technologies. Despite a delay in a worldwide carbon price, companies are moving forward. Regional rules in Europe and elsewhere are pushing for greener fleets.
Multiple steps taken to reduce green hydrogen cost: MNRE Minister Shripad Yesso Naik
The Indian government is actively promoting green hydrogen production through the National Green Hydrogen Mission, aiming to establish India as a global hub. Production incentives for electrolyzers and green hydrogen, along with ISTS charge exemptions, are key measures being implemented. India's green hydrogen capacity is projected to reach 5 million metric tonnes per annum by 2030.
India sees green ammonia exports starting as early as 2028
India aims to export green ammonia starting in 2028. This move supports the nation's goal to lead in clean hydrogen. Discussions are underway for supply deals with European and Japanese consumers. The government is also working to boost local demand for green hydrogen and green methanol. Renewable energy integration and local manufacturing are key priorities.
$10 bln green ammonia project in Andhra Pradesh set to put India on clean energy export map
Andhra Pradesh is set to become a global green energy hub. A massive USD 10 billion green hydrogen and green ammonia project in Kakinada is progressing. This initiative will create thousands of jobs and position India as a clean energy exporter.
Industry sees boost from low green ammonia prices
India’s first green ammonia auctions have delivered significantly lower prices, giving a push to the country’s clean hydrogen plans. NTPC Renewable Energy, ACME Cleantech, and Oriana Power won bids to supply a total of over 200,000 tonnes annually at ₹51.80–₹55.75 per kg under the SIGHT scheme.
Oriana Power lowest bidder in latest green ammonia tender for 60,000 tonnes
Oriana Power has secured the lowest bid to supply 60,000 tonnes of green ammonia to Madhya Bharat Agro Products Ltd at ₹52.25/kg under the SIGHT scheme. The price, equal to $596.23/tonne, is lower than Acme Cleantech's recent bid but slightly above NTPC RE’s record low.
ACME Group wins bid to supply 75,000 tonnes of green ammonia under SIGHT scheme
ACME Group has secured a Letter of Award under the SIGHT scheme for a green ammonia production project. The company will supply 75,000 metric tonnes of green ammonia annually to Paradeep Phosphates Ltd for 10 years at Rs 55.75 per kilogram. ACME Cleantech Solutions will commence deliveries within 36 months of signing the Green Ammonia Purchase Agreement with SECI.
Avaada partners with Casale to develop India's largest green ammonia plant in Odisha
Avaada Group has partnered with Casale to establish India's largest green ammonia plant in Gopalpur, Odisha, with a daily capacity of 1,500 tonnes. This plant will be completely powered by renewable energy and aims to significantly reduce carbon emissions, aligning with India's net zero ambitions.
Big green ammonia bet: L&T lines up Rs 48,000 cr
Larsen & Toubro is planning to invest Rs 48,000 crore to establish six green ammonia units at Kandla, Gujarat. These units will aid in reducing CO₂ emissions. The project is expected to unfold in six phases over a decade. L&T aims to export green ammonia to South East Asia and Europe, enhancing its global presence.
RWE and AM Green Ammonia sign MoU to supply 250,000 tonnes per year of ammonia from India
RWE Supply & Trading has signed an MoU with AM Green Ammonia B.V. for the long-term supply of up to 250,000 tonnes of green ammonia annually from its Indian plants. The ammonia will be produced using carbon-free energy sources and meet EU standards for renewable fuels. Deliveries are expected to start by 2027.
Greenko Zero C to supply 500,000 tonnes of green ammonia to Norway's Yara Clean Ammonia
Deliveries to start from Kakinada from Q4 of CY26, Industry sources say contract size expected to be $1.5-$1.8 bn over 10 years. 5GW of renewable power and pump storage in Andhra Pradesh to back production
Greenko to supply 250K tonnes green ammonia to Germany’s Uniper, 1st Indian co to start exports from 2025
The two firms on Tuesday inked a Memorandum of Understanding (MoU) and Heads of Terms agreement for exclusive negotiations to supply 250,000 tonnes per annum of green ammonia to Uniper. Although not specified, sources in the know said the offtake agreement is for 8-10 years, starting 2025.
ACME Group, NYK Line ink MoU for green ammonia shipping
"As part of the cooperation, ACME and NYK will explore offering green ammonia to customers globally whereby ammonia would be supplied from ACME-developed projects and NYK will be the shipping partner. This is in furtherance of ACME's efforts to establish itself as a leading green ammonia player globally," said Rajat Seksaria, CEO of AMCE Group.
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