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32 min ago 2 min read
Acme Group and IH’s joint venture has secured Japanese government backing for one of India’s largest planned green ammonia export projects, with seven industrial companies set to buy its output from 2030.
The Indian conglomerate said its 400,000-tonne-per-year project in Gopalpur, Odisha, had been awarded a Japanese Ministry of Economy, Trade, and Industry contract for difference covering 228,000 tonnes per year over a 25-year period from 2030.
Under the plans, Japanese engineering group the Acme-made ammonia and supply it to , Kobelco Power Kobe, Sumitomo Chemical, Nippon Beet Sugar Manufacturing, Hokkaido Electric Power, Mitsubishi Gas Chemical, and UBE.
The companies will primarily use the hydrogen-nitrogen compound as a fuel for power generation and chemical feedstocks. Acme said around 177,000 tonnes per year would be used under Japan’s power auctions.
Commissioning is scheduled for July 2030, with commercial deliveries beginning two months later.
Japan is increasingly looking to the molecule to decarbonise sectors like transportation and power generation. However, limited land availability and relatively low renewable penetration see it relying increasingly on low-cost exporting nations.
In 2024, it passed the , a 15-year subsidy scheme including imported low-carbon hydrogen and derivatives.
Earlier this year, the Jera and Mitsui as low-carbon hydrogen suppliers under the act, for the volumes of blue ammonia they are set to offtake from the 1.4 million tonnes-per-year Blue Point project in Louisiana, US.
Ammonia is an increasingly favoured carrier for transporting hydrogen, with proponents claiming it offers advantages over LH2, which must be kept at extremely low temperatures (–253ºC) to avoid boil-off losses.
However, it is often criticised for its energy-intensive cracking process.
