AM Green partners with Dubai’s DP World on global clean energy projects

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Hyderabad-based AM Green, a leader in green hydrogen and ammonia production, has partnered with Dubai-based DP World, a global logistics leader, to create a sustainable supply chain for green fuels and chemicals. This collaboration is expected to enhance global decarbonisation efforts.

Under a Memorandum of Understanding (MoU) signed last December, DP World and AM Green would jointly develop logistics and storage infrastructure to facilitate the global export of 1 million tonnes per annum (MTPA) of green ammonia and 1 MTPA of green methanol. They would develop port infrastructure across AM Green net-zero industrial clusters to facilitate global exports, besides bunkering infrastructure across Dubai, India, and Southeast Asia for green ammonia and methanol supplied from AM Green plants.

A strategic terminal infrastructure across the European Union, Far East, and the UAE would be established to provide the required zero carbon supply chain to support their transition to a low carbon economy.

AM Green is developing multiple projects across India, using renewable energy sources, including solar, wind and hydroelectric power, to produce Sustainable Aviation Fuel (SAF), green ammonia, green hydrogen, chemicals and biofuels. It has an ambitious target of 5 MTPA of production capacity by 2030, which would contribute significantly to India’s net-zero targets and global decarbonization goals.

Mahesh Kolli, Founder, Greenko Group & AM Green, said, “We are committed to contributing to India’s ambition of emerging as a green energy exporter… we are excited to partner with DP World to build a world-class infrastructure for the global movement of green molecules.”

AM Green has already taken a final investment decision for a 1 MTPA Green Ammonia plan in Kakinada, Andhra Pradesh on India’s eastern coast.

Yuvraj Narayan, Group Deputy CEO and CFO, DP World Group, said, “DP World aims to be essential to the future of global trade, ensuring everything it does has a long-lasting positive impact on economies and societies. As part of our commitment to driving sustainable supply chains, partnering with AM Green allows us to harness our expertise in logistics and infrastructure to facilitate the global distribution of clean fuels and chemical products. Together, we aim to play a pivotal role in enabling a low-carbon economy and advancing global sustainability goals.”

From Ports and Terminals to Marine Services, Logistics and Technology, DP World leverages innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer’s door. – editor@nrifocus.com

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