Coal India Limited And AM Green Partner To Pursue India’s Largest Renewable Energy Supply Contract

Representational image. Credit: Canva

Coal India Limited (CIL) has signed a non-binding memorandum of understanding with AM Green for the long-term supply of 4,500 MW of renewable energy to power AM Green’s upcoming green ammonia facilities across India. This initiative, among the world’s largest renewable energy contracts, will support India’s transition to a cleaner energy mix and help advance the country’s net-zero ambitions.

The energy supply will be phased and derived from a combination of solar and wind sources, with solar contributing an estimated 2,500–3,000 MW and wind providing 1,500–2,000 MW. CIL plans to develop these capacities across India, with potential solar installations in high-irradiance regions such as Gujarat and Rajasthan, and wind projects likely in southern states. The total investment for this renewable infrastructure is projected to be around ₹25,000 crore.

P M Prasad, CIL’s Chairman, said in a statement, “While coal remains our mainstay in meeting India’s expanding energy needs in the near term, our plans include a proactive role in building a greener and more sustainable future. This is in consonance with our commitment to become the country’s integrated energy provider.”

Anil Chalamalasetty, Founder of the Hyderabad based Greenko Group & AM Green, mentioned, “We are delighted to partner with CIL on one of the world’s largest carbon-free, renewable energy supply contracts. We aim to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world”.

AM Green will integrate this renewable energy with pumped hydro storage to ensure a continuous and reliable supply for its green ammonia production facilities. Promoted by the founders of Greenko, AM Green is targeting an annual production of 5 million tonnes of green ammonia by 2030, equivalent to approximately 1 million tonnes of green hydrogen.

This would account for about 20% of India’s green hydrogen target under the National Green Hydrogen Mission. The MoU was signed on 7th May by Sudarsan Bora, General Manager (E&M) of CIL, and Shatanshu Agrawal, Senior Vice President – Business Development at AM Green, in the presence of CIL Chairman P.M. Prasad, Director (Marketing) Mukesh Choudhary, and GM (MM & Solar) Anil Kumar.

 

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