Greenko ZeroC, Greenko’s green molecule production arm and Uniper signed a Memorandum of Understanding (MoU) and Heads of Terms for Uniper to enter into exclusive negotiations for the offtake of green ammonia from Greenko’s phase-1 ammonia production facility in Kakinada, Andhra Pradesh. Based on the Heads of Terms, Greenko and Uniper intend to negotiate an innovative pricing, supply, and tenure structure for a supply and purchase agreement for 250,000 tonnes per annum of green ammonia.
The Kakinada project is a multi-phase green ammonia production and has an export facility with a capacity of 1 MTPA by 2027. The facility’s Phase-1 produces green ammonia using an electrolyser powered by round-the-clock power generated by 2.5 GW of renewable assets in India which is supplemented by their Pinnapuram Integrated Renewable Energy Storage Plant.
The integration of pumped storage plants to balance out the intermittent nature of renewable production and achieve a high annual plant load factor of up to 85 per cent distinguishes this project allowing for competitively flexible and dispatchable supply of green ammonia.
Recently, Greenko Group signed an agreement to purchase 28 units of 5 MW alkaline electrolysers from Belgium-based John Cockerill for developing a green ammonia plant in Una, Himachal Pradesh. Greenko’s order expands on the company’s existing collaboration with John Cockerill, which includes the joint development of a 2 GW per year electrolyser manufacturing plant in Kakinada, Andhra Pradesh.