DP World partners with Hyderabad-based AM Green to create sustainable supply chain for green fuels

Hyderabad: Hyderabad-based AM Green, a green hydrogen and ammonia production company, has partnered with DP World, a global logistics leader, to create a sustainable supply chain for green fuels and chemicals.

DP World and AM Green have signed a Memorandum of Understanding (MoU) recently under which they will jointly develop logistics and storage infrastructure to facilitate the global export of 1 million tonnes per annum (MTPA) of green ammonia and 1 MTPA of green methanol.

AM Green and DP World will develop bunkering infrastructure across Dubai, India, and Southeast Asia for green ammonia and methanol supplied from AM Green plants. Both companies will also establish strategic terminal infrastructure across the European Union, Far East, and UAE to provide the necessary zero-carbon supply chain, which will support their transition to a low-carbon economy.

“We are committed to contributing to India’s ambition of emerging as a green energy exporter and we are excited to partner with DP World to build a world-class infrastructure for the global movement of green molecules. This strategic partnership will enable us to efficiently export green Ammonia, green methanol, and other sustainable fuels, enhancing the global green supply chain and supporting the global shift to a low-carbon economy,” said Greenko Group & AM Green, founder Mahesh Kolli.

AM Green is developing multiple projects across India using renewable energy sources, including solar, wind and hydroelectric power, to produce Sustainable Aviation Fuel (SAF), green ammonia, green hydrogen, chemicals and biofuels.

It has an ambitious target of 5 MTPA of production capacity by 2030, that will make a significant contribution to India’s net-zero targets and global decarbonization goals. The company has already taken a final investment decision for a 1 MTPA Green Ammonia plan in Kakinada, Andhra Pradesh on India’s eastern coast.

“As part of our commitment to driving sustainable supply chains, partnering with AM Green allows us to harness our expertise in logistics and infrastructure to facilitate the global distribution of clean fuels and chemical products. Together, we aim to play a pivotal role in enabling a low-carbon economy and advancing global sustainability goals,” said DP World, Group Deputy CEO and CFO, Yuvraj Narayan.

AM Green is promoted by founders of Greenko Group, which is among India's leading renewable energy conglomerates.