AM Green Ammonia secures long-term supply agreement for green ammonia to Germany

Type: Supply Agreement · Technology: Green Ammonia · Country: India · Value: ZAR 585M · Announced: 2026-10-01

AM Green Ammonia (India) has been selected as the sole winner of the Asian lot in the H2Global auction, securing a 10-year purchase agreement for renewable fuels of non-biological origin (RFNBO) ammonia to Germany. The agreement has a minimum value of EUR 585 million, with HINT.CO GmbH (Hintco) potentially purchasing additional volumes. The ammonia will be produced at AM Green's Kakinada project (Phase 2) in Andhra Pradesh, India, which is being converted from a natural gas-based complex to one utilizing alkaline electrolysis technology. Electricity for the process will be sourced from AM Green's round-the-clock renewable power architecture, including pumped-hydro storage. First deliveries to Germany are anticipated in 2029, with ammonia shipped from Kakinada Seaports.

Analysis

AM Green Ammonia of India won the Asian lot in the H2Global auction and secured a 10‑year purchase agreement for renewable fuels of non‑biological origin (RFNBO) ammonia to Germany with a minimum contract value of EUR 585 million. The off‑taker, HINT.CO GmbH (Hintco), may purchase additional volumes under the same agreement. The ammonia will be produced at AM Green's Phase 2 Kakinada project in Andhra Pradesh, which is being converted from a natural‑gas complex to an alkaline electrolysis plant powered by round‑the‑clock renewable electricity and pumped‑hydro storage. First shipments are scheduled for 2029 and will be exported from Kakinada Seaports. The contract length is ten years and the minimum value is EUR 585 million.

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