AM Green, a player in green hydrogen and ammonia production, has joined forces with DP World, a global logistics powerhouse, to create a sustainable supply chain for green fuels and chemicals.
The partnership aims to advance global decarbonization efforts by streamlining exports to key markets.
Ambitious Export Goals Under the MOU
In December, AM Green and DP World signed a Memorandum of Understanding (MOU) to jointly develop infrastructure supporting the export of green fuels.
The collaboration targets the global export of one million tons per annum (MTPA) of green ammonia and 1 MTPA of green methanol.
Key initiatives under this agreement include:
*Port Development: Establishing port infrastructure across AM Green’s Net-Zero Industrial Clusters to facilitate exports.
*Bunkering Infrastructure: Developing green ammonia and methanol bunkering facilities in Dubai, India, and Southeast Asia.
*Strategic Terminals: Building terminal infrastructure in the European Union, Far East, and UAE to support low-carbon supply chains globally.
Advancing India’s Green Energy Goals
AM Green is spearheading several projects across India, harnessing renewable energy sources such as solar, wind, and hydroelectric power to produce green ammonia, hydrogen, sustainable aviation fuel (SAF), chemicals, and biofuels.
The company has set an ambitious target of achieving five MTPA production capacity by 2030, contributing significantly to India’s net-zero ambitions.
A major milestone is the final investment decision for a on MTPA green ammonia plant in Kakinada, Andhra Pradesh, located on India’s eastern coast.
Leadership Chat
Mahesh Kolli, Founder of Greenko Group and AM Green stated, “We are committed to supporting India’s vision of becoming a green energy exporter. Partnering with DP World will enable us to build world-class infrastructure for exporting green ammonia, methanol, and other sustainable fuels, advancing the global green supply chain and accelerating the shift to a low-carbon economy”.
Yuvraj Narayan, Group Deputy CEO and CFO of DP World highlighted, “DP World strives to drive sustainable supply chains, ensuring our actions positively impact economies and societies. By leveraging our logistics expertise, this partnership with AM Green will facilitate the global distribution of clean fuels and chemicals, playing a pivotal role in the transition to a low-carbon economy”.
Driving Sustainability Forward
The collaboration between AM Green and DP World marks a significant step toward enabling low-carbon economies worldwide.
As per the press release, with an eye on sustainability, the partnership underscores the importance of innovation and strategic alliances in achieving global decarbonization goals.
