Cleantech business group ACME announced a joint venture with Japan’s IHI Corporation to build India’s largest green ammonia facility in Gopalpur, Odisha. The partnership builds on an initial Memorandum of Understanding (MoU) signed in 2023. Since then, the project has crossed key milestones, including the formal establishment of the joint venture and IHI Corporation acquiring a 30% stake in ACME Clean Energy Private Limited. ACME has completed the land acquisition for the facility and finalized the Front-End Engineering Design (FEED).
Scale and Sustainability Impact
The plant will produce about 0.4 million tonnes of green ammonia annually once commissioned, serving Japanese end-users in the power and chemical industries. The project will cut over 0.8 million tonnes of carbon dioxide emissions per year, reinforcing both nations’ commitment to sustainable energy and climate action.
Advancing India–Japan Energy Ties
ACME and IHI are now focusing on detailed development activities, including EPC contracting, renewable energy integration, and export infrastructure for ammonia evacuation. The facility is slated for commissioning by 2029–30, with exports mainly directed to Japan.
ACME Group Chairman Manoj Kumar Upadhyay said, “Amidst the growing need for decarbonization, India and Japan face similar concerns around energy security and sustainability. Our joint venture is a milestone not only for ACME Group but for India’s journey towards becoming a global leader in green hydrogen and green ammonia.”
Aligned with Bilateral Energy Roadmap
The announcement comes shortly after the 15th Japan–India Annual Summit in Tokyo where Prime Ministers of both the countries adopted a Joint Declaration of Intent on Clean Hydrogen and Ammonia under the bilateral Clean Energy Partnership.
As reported by msn.com, the ACME–IHI collaboration directly supports this shared vision by establishing a large-scale green ammonia supply chain between India and Japan, strengthening energy security while driving global decarbonization goals.
