ReNew has signed an initial agreement with JERA Co., Inc (JERA), Japan’s largest power generation company, to jointly evaluate development of a green ammonia production project in India. Under the agreement, ReNew, through its subsidiary, ReNew E-Fuels Private Limited, and JERA will jointly evaluate development of a green ammonia production project in Paradip, Odisha. The project will utilize approximately 500 MW of high-Capacity Utilization Factor (CUF) renewable energy to produce green hydrogen, a key feedstock for green ammonia.
The project is likely to have a production capacity of approximately 100,000 tons of green ammonia annually by 2030. JERA will have the right to offtake this green ammonia for Japan. There will be a joint study to evaluate the commercial viability of the project.
The project will leverage ReNew’s proven capabilities in renewable energy development and solutioning, and JERA’s expertise in building full value chains.
Commenting on the development, Sumant Sinha, Founder, Chairman & CEO, ReNew, said, “This collaboration marks an exciting time for both ReNew and JERA, and demonstrates our commitment in accelerating the clean energy transition. Green ammonia holds immense potential in reducing carbon emissions and the project, once ready, will contribute to a cleaner future and support India’s National Green Hydrogen Mission.”
