Ammonia

TrueRE Oriana Power signs Rs. 3,135 crore green ammonia offtake agreement with SECI

The agreement entails a contracted supply of 60,000 tonnes per annum at a discovered price of Rs. 52.25 per kg over a period of 10 years

  • By ICN Bureau | March 31, 2026

TrueRE Oriana Power, one of India’s largest integrated renewable energy companies delivering clean energy solutions across the value chain, has signed a long-term Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India (SECI).

The agreement entails a contracted supply of 60,000 tonnes per annum at a discovered price of Rs. 52.25 per kg, with a total contract value of approximately Rs. 3,135 crore over a period of 10 years.

The corresponding Green Ammonia Sale Agreement (GASA) has also been executed between SECI and Madhya Bharat Agro Products Limited, the end-offtaker.

TrueRE Oriana Power had received the Letter of Award (LoA) for the project in August 2025 under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme.

The agreement was formalised on March 30, 2026, at a signing ceremony held at Atal Akshay Urja Bhawan, New Delhi, under the aegis of the Ministry of New and Renewable Energy (MNRE).

The ceremony was attended by Pralhad Joshi, Union Minister for New and Renewable Energy; J. P. Nadda, Union Minister for Chemicals and Fertilizers; and Shripad Yesso Naik, Minister of State for New and Renewable Energy;  Anirudh Saraswat, Founder and CBO, TrueRE Oriana Power, along with senior officials from MNRE, the Department of Fertilisers, and industry stakeholders.

The project, located in Sagar, Madhya Pradesh, will be developed by TrueRE Oriana Power. The company will be responsible for end-to-end execution, including development, approvals, and land-related clearances.

Commenting on the development, Anirudh Saraswat, Founder and CBO, TrueRE Oriana Power said, “This agreement marks a key step in translating policy intent into execution. Long-term offtake visibility is critical to scaling green hydrogen and its derivatives, and this framework enables us to move forward with confidence on project delivery. For us, this is also bigger than a single project — green ammonia has the potential to strengthen India’s energy security by reducing dependence on imported fossil-based feedstocks used in sectors such as fertilisers."

"Every tonne produced domestically contributes to building greater energy self-reliance. As the ecosystem evolves, such long-term arrangements will play an important role in accelerating adoption across industrial sectors. At TrueRE Oriana Power, we remain committed to delivering integrated renewable energy solutions and contributing to India’s clean energy transition,” added Saraswat.

With this project, TrueRE Oriana Power continues to expand its integrated energy portfolio, extending beyond renewable power generation into emerging green fuels, and reinforcing its position as a long-term player in India’s clean energy transition.

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