IFFCO inks MoU with ACME to buy 2 lakh tonne ammonia

IFFCO inks MoU with ACME to buy 2 lakh tonne ammonia

By: ICN Bureau

Last updated : April 08, 2024 6:28 pm



The green ammonia will be produced at ACME’s facility in Gopalpur


Indian Farmers Fertiliser Cooperative Limited (IFFCO), the world’s largest fertiliser cooperative, has signed a Memorandum of Understanding (MoU) with ACME Cleantech Solutions Private Limited (ACME).

Under the terms of the agreement, ACME will supply approximately 200,000 metric tons of ammonia to IFFCO, manufactured through a renewable energy route. This collaboration is aligned with the National Green Hydrogen Mission, spearheaded by the Hon’ble Prime Minister, aiming to position India as a global hub for the production, utilization, and export of green hydrogen and its derivatives.

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.

Indian Farmers Fertiliser Cooperative Limited IFFCO ACME Cleantech Solutions Private Limited ACME

First Published : April 08, 2024 12:00 am