Kakinada (Andhra Pradesh), Jan 17 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu and his deputy Pawan Kalyan on Saturday laid the foundation for a green ammonia and green hydrogen plant here in Kakinada district.
Both the leaders also unveiled a pylon marking the fixing of machinery in the plant, entailing an investment of Rs 13,000 crore and an annual production capacity of 1.5 MMTPA.
“Chief Minister Chandrababu Naidu and Deputy CM Pawan Kalyan laid the foundation for Kakinada AM Green’s green ammonia and green hydrogen complex,” an official release said.
Naidu said that the southern state is going to emerge as a green energy hub and Kakinada a green hydrogen valley.
“Andhra Pradesh is going to emerge as (a) green energy hub and Kakinada green hydrogen valley. The future is for knowledge economy and AP (Andhra Pradesh) is (the) best place (for) innovation and wealth creation,” he said, addressing the foundation meeting.
He appealed to young entrepreneurs to dream big, assuring that the state government will extend support to reach their goals, and added that the state government ushered in the new Clean and Green Energy Policy 2024.
According to the CM, production of 1.5 million tonne of green Ammonia will commence from June 2027 and it will be exported to Germany.
Observing that Prime Minister Narendra Modi has set a target to produce 500 GW of green energy, Naidu said Andhra Pradesh will aim to produce 160 MW from this target.
Noting that the state government is giving top priority for renewable energy, including solar, wind and pumped storage power generation, the CM said that Kakinada will become the destination for green hydrogen and green ammonia.
Further, he highlighted that drone ambulance will be inaugurated this year and drone taxis will become a reality in one year.
He said that the state government is setting up a space city and satellite launching from Hope Island near Kakinada.
Unlike grey and blue ammonia produced using coal, oil, and natural gas, green ammonia is completely environment-friendly with no carbon emissions.
Coming up in 500 acres of land, the plant is expected to start production by the end of 2027 and is located near Kakinada Port.
A local grey ammonia plant is being redeveloped into the green ammonia plant. Incidentally, the project is being developed with the support of global partners such as Malaysia-based Petronas, Singapore-based GIC, and UAE-based ADIA.
With the potential to create 8,000 jobs, the project by AM Green, an energy transition solutions provider, is expected to propel Andhra Pradesh into the global green energy value chain, an official release earlier said.
According to the state government, the Kakinada facility will represent one of the largest clean-energy investments ever made in India, which is expected to create high skill employment during operations and spur growth across allied industries such as renewables, logistics, storage, and port services.
For the first time in the country’s history, green energy molecules produced domestically will be exported to global markets, including Germany, Japan, and Singapore, firmly positioning India and Andhra Pradesh as a clean energy exporter on the world stage, the release added.
The project will be developed in phases, beginning with 0.5 MTPA by 2027, 1 MTPA (2028) and 1.5 MTPA (2030). PTI STH KH
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