KUALA LUMPUR: Gentari Sdn Bhd (Gentari), via its wholly-owned subsidiary Gentari International Renewables Pte Ltd, has entered into an agreement with AM Green BV to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings BV (AMG Ammonia).

AMG Ammonia was established by the founders of Greenko, one of India’s leading renewable energy companies. An affiliate of Singapore’s investment entity, GIC, is also an investor in AMG Ammonia.

The AMG Ammonia platform is projected to produce five million tonnes per annum (MTPA) of green ammonia using round-the-clock renewable energy by 2030, according to a statement today.

It said that the volume produced is equivalent to approximately one MTPA of green hydrogen, representing 20 per cent of India’s target for green hydrogen production by 2030, or 10 per cent of Europe’s target for imported renewable hydrogen.

The first export of green ammonia from this platform is targeted by late 2025 and aims to serve key Organisation for Economic Co-operation and Development (OECD) markets, such as Germany, Japan, South Korea and Singapore.

Gentari chief executive officer Sushil Purohit said: “The partnership with AM Green and GIC is a testament to our commitment to accelerating green hydrogen adoption globally, to make an impact in the pursuit of a net zero future.”

“In OECD, Southeast and East Asian economies, green ammonia will address the decarbonisation of industries such as power generation, through co-firing, as well as shipping,” he said.

Greenko Group and AM Green founder Anil Chalamalasetty said the strategic partnership will work to accelerate net zero targets of various industries and several OECD economies.

“Continuous focus on innovation combined with execution will ensure our venture, AM Green, remains ahead of others in becoming a global clean energy transition solutions platform,” he added. – Bernama