Green Ammonia Records Historic Low in Latest Auction
In a major milestone for India’s clean energy journey, the Solar Energy Corporation of India (SECI) successfully concluded the nation’s first-ever auction for the procurement of Green Ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme – Mode 2A, a key pillar of the National Green Hydrogen Mission.
Historic Price Discovery Undercuts Global and Grey Ammonia Benchmarks
Bidders discovered a record-low price of ₹55.75/kg (USD 641/MT) in the auction. This price significantly undercut the $1,153/MT discovered in the recent H2Global auction and remained competitive with Grey Ammonia prices, which stood at USD 515/MT as of March 2025. The breakthrough signals a turning point for industrial adoption, offering economic incentive for sectors like fertilizers to transition from grey to green ammonia.
75,000 MT Supply Contract Awarded to ACME Cleantech
M/s ACME Cleantech Solutions Pvt. Ltd. secured the winning bid to supply 75,000 metric tons of green ammonia annually to Paradeep Phosphates Limited (PPL) in Odisha, setting a new global benchmark in cost-effective green ammonia production and delivery.
Part of a Larger Green Ammonia Push
This auction is the first in a series of thirteen scheduled over the coming months. Together, they form part of a cumulative procurement plan of 7.24 lakh metric tons per year. These auctions are part of India’s broader strategy to accelerate the adoption of green hydrogen and ammonia. They also aim to drive scale and enhance competitiveness in the sector.
Government and Industry Backing Accelerates Momentum
SECI conducted the auction as an intermediary procurer under the guidance of the Ministry of New and Renewable Energy (MNRE). The Department of Fertilizers also provided strategic support. The process witnessed strong developer participation, reflecting growing investor confidence and momentum in India’s emerging green hydrogen ecosystem. As reported by thebatterymagazine.com, the landmark auction strengthens India’s leadership in green hydrogen. It also offers a practical pathway to decarbonize hard-to-abate sectors like fertilizers, shipping, and chemicals.
This article has been republished from The Chemical Industry Digest.