First Green Ammonia Auction
08.08.2025
First Green Ammonia Auction
What is Green Ammonia?
A compound made from green hydrogen using renewable energy. It’s crucial for fertilisers, maritime fuel, and industrial applications.
Auction Details:
- Winning Bid: ₹55.75/kg (approx. USD 641/MT)
- Buyer: Paradeep Phosphates Ltd., Odisha
- Awarded Quantity: 75,000 MTPA (from 7.24 lakh MTPA total)
- Contract Duration: 10 years
Significance:
- Supports India’s shift to low-carbon fertilisers
- Reduces dependence on imports
- Encourages long-term investments in green hydrogen
- Positions India as a global green ammonia supplier
Conclusion
The SIGHT scheme marks a pivotal step in India’s green energy journey, fostering innovation, reducing emissions, attracting investments, and setting the foundation for a self-reliant, export-oriented green hydrogen economy.