Deals Counterparts

ACME Group signs 10-year green ammonia purchase agreement with SECI for 370,000 tpa capacity

Ppa Green Ammonia announced India Mar 31, 2026
USD0.0M
Deal Value

ACME Group has signed a 10-year binding green ammonia purchase agreement (GAPA) with the Solar Energy Corp. of India (SECI) for 370,000 tonnes per annum (tpa) of green ammonia capacity. The estimated contract value over the 10-year period is INR 20,000 crore, marking a key milestone in India’s transition to low-carbon industrial feedstocks. ACME will establish a green ammonia facility in Odisha to supply the contracted capacity to six major fertilizer facilities across five states in India. SECI, acting as an intermediary aggregator, has executed corresponding green ammonia sale agreements (GASA) with leading fertilizer companies, ensuring long-term demand visibility and supply stability for the project. This agreement is a result of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme, India’s first green hydrogen and ammonia procurement program.

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Deal Analysis

ACME Group has signed a 10-year green ammonia purchase agreement with the Solar Energy Corp. of India (SECI) for 370,000 tonnes per annum of green ammonia capacity, valued at INR 20,000 crore over the contract period. SECI, a Navratna Central Public Sector Undertaking, operates as an intermediary aggregator, having executed corresponding green ammonia sale agreements with leading fertilizer companies. ACME Group, a global infrastructure investment firm, will establish a green ammonia facility in Odisha to supply the contracted capacity to six major fertilizer facilities across five states in India. The agreement is a result of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme, India’s first green hydrogen and ammonia procurement program, announced on 2026-03-31. The project will ensure long-term demand visibility and supply stability for the green ammonia facility.
  • 370,000 tonnes per annum of green ammonia capacity
  • INR 20,000 crore contract value over 10 years
  • Green ammonia facility to be established in Odisha
  • Six major fertilizer facilities across five states in India
  • Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme

Timeline

Announced
Mar 31, 2026
Signed
Closed

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