ACME Wins SECI’s Green Ammonia Auction At ₹55.75 Per Kilogram For Paradeep Project In Odisha

Representational image. Credit: Canva

On July 29, 2025, the Solar Energy Corporation of India Ltd. (SECI) successfully conducted an electronic Reverse Auction (e-RA) for Project-5 under the SIGHT Scheme. This project focuses on the production and supply of Green Ammonia by Paradeep Phosphate Limited, located in Paradeep, with a total quantity of 75,000 metric tons. The auction was conducted as part of the Request for Selection (RfS) process for green ammonia production in India. It was specified under Mode-2A-Tranche-I of the SIGHT Scheme, with the RfS numbered SECI/C&P/MI/00/0002/2024-25, dated June 7, 2024.

The e-RA was managed through the e-SecureAuction™ platform and was conducted for a ‘Single Entity’ with a ‘Fixed Quantity’. The bidding began with a starting and reserve price of ₹62.50 per kilogram. After competitive bidding, ACME Cleantech Solutions Private Limited emerged as the Rank-1 Bidder. The company quoted and submitted a loaded bid of ₹55.75 per kilogram, which is significantly lower than the set reserve price, demonstrating strong competition and interest in green ammonia production.

This auction marks another milestone in India’s journey toward achieving its clean energy targets. It highlights the growing focus on green hydrogen and ammonia as alternatives to fossil fuels in industrial sectors.

 

  • Related Posts

    Malaysia Accelerates Energy Transition With Grid Investments, Solar Expansion, And Energy Storage

    Malaysia’s energy transition is expected to gain momentum through increased investments in electricity grid infrastructure, renewable energy projects and energy storage systems, according to a recent analysis by CGS International.…

    Oswal Pumps Announces INR 456 Crore Investment Plan for 1.2 GW TOPCon Solar Cell Manufacturing Facility

    Oswal Pumps Limited has announced plans to establish a 1.2 GW TOPCon (Tunnel Oxide Passivated Contact) solar cell manufacturing facility through its wholly owned subsidiary, Oswal Solar Energy Private Limited…

    Have You Seen?

    Malaysia Accelerates Energy Transition With Grid Investments, Solar Expansion, And Energy Storage

    • October 13, 2026
    Malaysia Accelerates Energy Transition With Grid Investments, Solar Expansion, And Energy Storage

    Oswal Pumps Announces INR 456 Crore Investment Plan for 1.2 GW TOPCon Solar Cell Manufacturing Facility

    • October 13, 2026
    Oswal Pumps Announces INR 456 Crore Investment Plan for 1.2 GW TOPCon Solar Cell Manufacturing Facility

    Power Grid Acquires Lakadia II Transmission Project For Gujarat’s 7,500 MW Renewable Energy Zone

    • October 13, 2026
    Power Grid Acquires Lakadia II Transmission Project For Gujarat’s 7,500 MW Renewable Energy Zone

    CREA: India Curtailed Over 4% of Its Solar Output in July and August

    • October 12, 2026
    CREA: India Curtailed Over 4% of Its Solar Output in July and August

    Saudi Arabia Insists Energy Supply Remains Resilient

    • October 12, 2026
    Saudi Arabia Insists Energy Supply Remains Resilient

    Oil Jumps 2% as Saudi Attacks and Tanker Strikes Revive Hormuz Fears

    • October 12, 2026
    Oil Jumps 2% as Saudi Attacks and Tanker Strikes Revive Hormuz Fears

    On-site oxygen generation offers alternative supply models for African hospitals

    • October 12, 2026
    On-site oxygen generation offers alternative supply models for African hospitals

    QatarEnergy targets new LNG capacity for 2027

    • October 12, 2026
    QatarEnergy targets new LNG capacity for 2027

    BMI Predicts Brent Crude Will Remain Above $100 for Months

    • October 12, 2026
    BMI Predicts Brent Crude Will Remain Above $100 for Months

    Oil Stuck Between Middle East Escalation and Russia-Ukraine Energy Truce

    • October 12, 2026
    Oil Stuck Between Middle East Escalation and Russia-Ukraine Energy Truce