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AM Green Ammonia Pvt Ltd is targeting completion of the world’s largest green ammonia plant at Kakinada in Andhra Pradesh by September–October 2027, a senior company official said in an interview. The plant will have an installed capacity of 1 million tonnes per annum (MTPA), with further scale-up potential to 5 MTPA by 2030.
The facility, earlier known as the Nagarjuna Fertilizers plant and repurposed as AM Green, is progressing well, with work moving as per schedule. The project is expected to support India’s smooth transition to green energy and provide the country with a competitive edge over global peers.
AM Green, a leading Indian energy transition company, was founded by Greenko Group promoters Anil Chalamalasetty and Mahesh Kolli. The company focuses on producing green ammonia, hydrogen and other sustainable molecules. It is developing one of the world’s largest cost-competitive green ammonia projects in Kakinada, with production expected to begin in 2026–27 to cater to global markets. The complex is being developed on 495 acres of land and will have a daily production capacity of 3,000 tonnes of green ammonia.
Final Investment Decision (FID)
The company achieved Final Investment Decision (FID) for its first million-tonne green ammonia project in Kakinada. FID for this project kick starts the company’s target production capacity of 5 MTPA of green ammonia by 2030 - equivalent to about 1 MTPA of green hydrogen. The company, in addition to its founders, has Gentari and GIC as its shareholders. The total project spend for the plant will include a green hydrogen generation unit and its subsequent conversion to green ammonia, along with all associated balance of plant and infrastructure.
This project will be located at an existing urea plant in Kakinada, which the Company acquired earlier this year and forms part of the above capex spend. It plans to convert this facility into a green ammonia producing unit, which will commence production in the second half of 2026. The Kakinada facility has been pre-certified by CertifHy as complying with the EU RFNBO requirements for green ammonia, including additionality and hourly matching of renewables. Most of the production from this facility will be exported to European markets.
AM Green has already executed offtake term sheets for this project with major players such as Uniper, Yara, Keppel and others for intended end use in a range of green hydrogen applications. It has secured the required 1300 MW round-the-clock carbon-free power enabled through 4500 MW solar & wind hybrid capacity in combination with 950 MW of PSP capacity. A 25-year fixed-price power purchase agreement (PPA) with NTPC, covering half of the above, is already in place. The remaining capacity is expected to be supplied by Gentari.
Technology
The company has unique access to gigawatt-scale pumped storage projects and a manufacturing partnership with John Cockerill for electrolysers with a capacity of up to 2 GW. These reliable, state-of-the-art pressurised alkaline electrolysers are planned to be deployed for this project. Leveraging these capabilities helps address renewable energy intermittency and enables up to 90 percent utilisation of the deployed electrolysers, making this one of the most innovative and cost-efficient green ammonia projects globally.
Beyond the Kakinada project, the company is also focusing on producing green ammonia across multiple locations in India to achieve its planned capacity of 5 MTPA by 2030. This expansion is expected to accelerate progress towards net-zero targets in India as well as in OECD markets. The planned capacity would be equivalent to around 1 MTPA of green hydrogen, representing nearly one-fifth of India’s green hydrogen production target under the National Green Hydrogen Mission and about 10 percent of Europe’s targeted green hydrogen imports by 2031.
Signs MoU for expansion
AM Group has signed a Memorandum of Understanding (MoU) with Invest Uttar Pradesh, Government of Uttar Pradesh, to establish a 1 GW (gigawatt) high-performance compute hub to serve global AI workloads. Under the agreement, AM Green will set up an AI infrastructure hub in the Greater Noida region of Uttar Pradesh with a total investment of around US$25 billion. The large-scale project will be developed in phases, with the first capacity expected to come on stream in 2028 and the full 1 GW capacity targeted by 2030.
This partnership underscores AM Group’s commitment to building sustainable, carbon-neutral intelligent economy solutions and aligns with Uttar Pradesh’s vision of becoming India’s premier AI hub. The project represents a multi-billion-dollar investment to set up gigawatt-scale infrastructure, featuring around 500,000 of the latest high-performance chipsets. It will be among the largest investments in the country to date and is aligned with the Indian government’s Viksit Bharat 2047 vision to accelerate the expansion of AI-driven services.
With India’s demand for high-performance computing (HPC) and artificial intelligence (AI) workloads rising sharply, the facility will be designed to meet the needs of global hyperscalers, frontier labs, enterprises and India’s sovereign AI initiatives at scale and with rapid deployment, powered by carbon-free energy. AM Green AI Labs, guided by its vision of democratising AI, is developing an end-to-end value chain—from efficient, on-demand electrons to intelligent tokens. These intelligent tokens will serve as key inputs for customised models and applications across sectors such as energy, healthcare, sovereign clouds, manufacturing, automotive, media and gaming, among others.
Acquisitions
AM Green Technology and Solutions B.V. (part of the AM Green Group) has announced the signing of binding agreements to acquire Chempolis Oy and Fortum 3 B.V. for an undisclosed consideration. The acquisition underscores AM Green’s commitment to developing innovative, technology-enabled solutions.
The company plans to establish large-scale biorefineries that will utilise multiple feedstocks and produce high-value green products, supporting global decarbonisation efforts across aviation, fuels, chemicals and other industrial sectors. Chempolis’s technology enables the processing of multiple second-generation (2G) waste feedstocks and the production of high-value green chemicals and products such as ethanol, furfural and pure lignin. This will accelerate AM Green’s vision of becoming one of the world’s leading industrial decarbonisation platforms.
Chempolis Oy is a pioneer in lignocellulosic feedstock processing, with more than 15 years of research, technology and product development experience, supported by strong R&D teams. AM Green sees significant potential in the downstream applications of these key products, which could pave the way for entry into multiple green-chemical value chains across a wide range of sectors, including both consumer and industrial applications.
DILIP KUMAR JHA
Editor
dilip.jha@polymerupdate.com
