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Swiss Finance News > News > Sustainable Finance > DP World, AM Green Partner to Build Green Fuel Export Projects
Sustainable Finance

DP World, AM Green Partner to Build Green Fuel Export Projects

gelikuwa
Last updated: 2025/01/14 at 5:31 PM
By gelikuwa 3 Min Read
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  • 1 MTPA green ammonia and 1 MTPA green methanol: Infrastructure to enable significant global exports.
  • Boosting India’s net-zero ambition: AM Green aims for 5 MTPA production capacity by 2030.
  • Decarbonization support for OECD markets: Contributes to Europe’s hydrogen import goals and global low-carbon economy.

AM Green, a leader in green hydrogen and ammonia production, has signed an MOU with global logistics giant DP World to create a sustainable supply chain for exporting green fuels and chemicals. The agreement, finalized in December, aims to facilitate the global export of 1 million tonnes per annum (MTPA) of green ammonia and 1 MTPA of green methanol.

Contents
Infrastructure Development: Expanding India’s Green Energy Capacity: Significance for Global Decarbonization: About AM Green: DON’T MISS ANY NEWS

Infrastructure Development:

The collaboration will include:

  • Developing port infrastructure across AM Green’s Net-Zero Industrial Clusters to support exports.
  • Establishing bunkering hubs in Dubai, India, and Southeast Asia.
  • Building strategic terminal infrastructure in the EU, Far East, and UAE to meet zero-carbon supply chain demands.

Expanding India’s Green Energy Capacity:

AM Green’s projects leverage renewable energy sources, such as solar, wind, and hydroelectric power, to produce sustainable fuels. The company’s goal is to achieve 5 MTPA production capacity by 2030, strengthening India’s position as a green energy exporter.

Mahesh Kolli, Founder of Greenko Group & AM Green, stated: “We are committed to contributing to India’s ambition of emerging as a green energy exporter and are excited to partner with DP World to build world-class infrastructure for the global movement of green molecules.”

Mahesh Kolli, Founder of Greenko Group & AM Green

Related Article: DP World Issues $100M Blue Bond, Becomes First in Middle East

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Global Logistics Expertise:

DP World’s involvement focuses on leveraging its logistics capabilities to drive global distribution.

Yuvraj Narayan, Group Deputy CEO and CFO, DP World Group, emphasized: “DP World aims to be essential to the future of global trade. This partnership enables us to facilitate the global distribution of clean fuels, supporting the transition to a low-carbon economy.”

Yuvraj Narayan, Group Deputy CEO and CFO, DP World Group

Significance for Global Decarbonization:

AM Green’s green ammonia and hydrogen projects will not only help meet India’s net-zero goals but will also play a crucial role in supporting OECD markets, contributing 10% of Europe’s green hydrogen import targets. The company’s upcoming 1 MTPA green ammonia plant in Kakinada, Andhra Pradesh, is a key milestone in its broader sustainability vision.

About AM Green:

Founded by the Greenko Group, one of India’s leading renewable energy conglomerates, AM Green aims to produce sustainable aviation fuel, green chemicals, and biofuels. With plans to supply 1 MTPA of green hydrogen—equivalent to one-fifth of India’s national green hydrogen goal—AM Green is positioned as a key player in the global energy transition.

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