In a significant move towards sustainable agriculture and renewable energy, the Indian Farmers Fertilizer Cooperative Limited (IFFCO) and ACME Cleantech Solutions Private Limited announced a groundbreaking Memorandum of Understanding (MoU) on Friday. Under this agreement, ACME will supply IFFCO with 200,000 metric tons of ammonia, produced using renewable energy, marking a pivotal step in India’s journey towards cleaner energy and reduced carbon emissions.
This collaboration aligns with Prime Minister’s ambitious National Green Hydrogen Mission, aimed at positioning India as a leading global hub for the production, use, and export of Green Hydrogen and its derivatives. The initiative is expected to significantly decarbonize India’s economy, lessen its reliance on fossil fuel imports, and establish the country as a leader in Green Hydrogen technology and markets.
The green ammonia will be produced at ACME’s facility in Gopalpur, utilizing a renewable energy route. This initiative not only emphasizes the commitment of both organizations towards environmental sustainability but also aims to set a new standard in the transition to greener energy sources. The produced ammonia will be utilized at IFFCO’s manufacturing units in Paradeep, Odisha, and Kandla, Gujarat, for the production of complex fertilizers.
Moreover, the partnership signifies a stride towards self-reliance in clean energy, in line with India’s ‘Aatmanirbhar Bharat’ vision. It also opens avenues for bilateral agreements under Article 6 of the Paris Agreement, leveraging Internationally Transferred Mitigation Outcomes (ITMOs) to further global clean energy transitions. ACME, renowned for its prowess in renewable energy solutions, including green hydrogen and ammonia projects, views this partnership as a critical step in advancing sustainable energy solutions on a global scale.
