India's ACME Invests $15 Billion on Green Hydrogen, Ammonia

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Researched by Industrial Info Resources (Sugar Land, Texas)--ACME Group (Gurugram, India), one of India's leading solar companies, is investing about US$15 billion in two new green hydrogen and green ammonia facilities in Mangalore (Karnataka) and Tuticorin (Tamil Nadu), India. The green hydrogen generated through these facilities will help to decarbonize nearby facilities in the fertilizer, power-generation, refining and steel sectors.

Projects at both locations would be carried out in phases, with Phase I being expected to be commissioned by 2026 and Phase II by 2028. Each facility will produce 1.2 million tons per annum of green hydrogen and green ammonia, through a total of 1.5 gigawatts (GW) of electrolyzers, powered by a total of 5 GW in solar power plants. Desalination units will be installed for water requirements. Subscribers to Industrial Info's Global Market Intellgeince (GMI) Chemical Processing Project Database can read detailed reports for the Mangalore and Tuticorin projects.

ACME Group also is investing US$2.5 billion in a similar project for green hydrogen and green ammonia in Duqm, Oman, which will produce 726,000 tons per annum of green ammonia from green hydrogen, using a 350-megawatt (MW) electrolyzer. Subscribers can learn more in a detailed project report.

Subscribers to Industrial Info's GMI Project Database can click here for a list of detailed reports for ACME's green hydrogen and green ammonia projects.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).