Singapore: Singapore-based Sembcorp Green Hydrogen Pte Ltd on Thursday said it has signed an agreement with two Japanese companies to supply green ammonia from its 200,000 metric tonne capacity plant in India.
Sembcorp said land has been secured for the facility in India, and work is underway towards a front-end engineering design award for the project following the completion of a feasibility study.
Sembcorp Green Hydrogen Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries of Singapore, has signed Heads of Terms (HOT) with buyers Sojitz Corporation of Japan and Kyushu Electric Power Co Inc., finalizing a definitive green ammonia offtake agreement. The path to form has been paved.
As the lead developer and operator of the project, Sembcorp will use renewable energy to produce an initial 200,000 metric tons of green ammonia per year from the Indian plant, Sembcorp said.
The HoT was presented at the Indo-Pacific Economic Framework (IPEF) Clean Economy Investor Forum in the presence of Ken Saito, Minister of Economy, Trade and Industry of Japan; Tan See Leng, Second Minister for Trade and Industry, Singapore; and Sunil Barthwal, Commerce Secretary, Ministry of Commerce and Industry, Government of India.The project brings together three IPEF members – Japan, Singapore and India – in a cross-border collaboration that aims to accelerate the development of low-carbon supply chains and advance the region's transition to a clean economy.
It also demonstrates Sembcorp's commitment to driving the energy transition, leveraging its expertise and proven track record in India, where it has a gross renewable portfolio of 4.7GW.
In December 2023, an agreement was signed by the three companies as a consortium to explore supplying green ammonia produced in India to Japan.
The two-day IPEF Clean Economy Investor Forum meeting began in Singapore on Wednesday. The forum has 14 members including India and the US.
Sembcorp said land has been secured for the facility in India, and work is underway towards a front-end engineering design award for the project following the completion of a feasibility study.
Sembcorp Green Hydrogen Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries of Singapore, has signed Heads of Terms (HOT) with buyers Sojitz Corporation of Japan and Kyushu Electric Power Co Inc., finalizing a definitive green ammonia offtake agreement. The path to form has been paved.
As the lead developer and operator of the project, Sembcorp will use renewable energy to produce an initial 200,000 metric tons of green ammonia per year from the Indian plant, Sembcorp said.
The HoT was presented at the Indo-Pacific Economic Framework (IPEF) Clean Economy Investor Forum in the presence of Ken Saito, Minister of Economy, Trade and Industry of Japan; Tan See Leng, Second Minister for Trade and Industry, Singapore; and Sunil Barthwal, Commerce Secretary, Ministry of Commerce and Industry, Government of India.The project brings together three IPEF members – Japan, Singapore and India – in a cross-border collaboration that aims to accelerate the development of low-carbon supply chains and advance the region's transition to a clean economy.
It also demonstrates Sembcorp's commitment to driving the energy transition, leveraging its expertise and proven track record in India, where it has a gross renewable portfolio of 4.7GW.
In December 2023, an agreement was signed by the three companies as a consortium to explore supplying green ammonia produced in India to Japan.
The two-day IPEF Clean Economy Investor Forum meeting began in Singapore on Wednesday. The forum has 14 members including India and the US.
