Dikhyaa Mohanty 
Leading Indian provider of renewable energy, ACME Group, and Japanese integrated heavy industry group, IHI Corporation, have inked an offtake term sheet for the supply of green ammonia from India to Japan. The long-term supply of 0.4 MMTPA (million metric tons per annum) of green ammonia from Phase 1 of the Odisha project in Gopalpur is covered by the term sheet between IHI and Acme. To lower overall emissions, both businesses intend to collaborate throughout the value chain, from production to logistics, supply to Japanese clients, and establish a market for green ammonia in Japan. This ammonia will be used in a variety of industrial applications, including power generation.
In the presence of Japan’s ambassador to India, Hiroshi Suzuki, and Union Minister for Power and New and Renewable Energy R.K. Singh, as well as New and Renewable Energy Secretary Bhupinder Singh Bhalla, the term sheet was signed by Manoj Upadhyay, the founder and chairman of Acme Group, and Hiroshi Ide, president and CEO of IHI Corporation. According to Union Minister Singh, this is one of the biggest and first agreements ever made in the world regarding green ammonia and green hydrogen.
Japan has been India’s close friend and ally. This partnership will be further strengthened as we work together to go green with renewable energy. The cost of producing green ammonia and hydrogen in India is already among the lowest globally. We’re going to become one of the world’s biggest producers of green ammonia and green hydrogen. India will be able to provide green ammonia and green hydrogen to developed nations like Japan at extremely competitive prices, according to Singh.
Speaking about the strategic partnership, Japan’s Ambassador to India, Hiroshi Suzuki, said, “The partnership between Acme and IHI will bring remarkable success, given the potential of globally competitive green hydrogen in India. I express the Government of Japan’s unwavering support in taking forward the collaboration between India and Japan in the energy sector.” The Ambassador said the India-Japan Clean Energy Partnership, established by Prime Minister Narendra Modi and Prime Minister Fumio Kishida, has been driving the cooperation between the two countries.
