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Yara and ACME signed a binding agreement for supply of green ammonia
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Norway-based Yara has signed a binding agreement with ACME Cleantech for the supply of 1 lakh tonne of green ammonia annually from ACME s plant in Oman through GHC SAOC. The long-term offtake agreement covers the supply of 1,00,000 tonne of renewable ammonia per annum by ACME from phase-1 of its Oman project with an expected start date in 2027.
ACME Cleantech: ACME, established in 2003 by Manoj Kumar Upadhyay, is the largest solar independent power producer in India with a diversified portfolio of 5.5 GW spread across 12 states and with a mix of central and state utilities. Its portfolio of operational solar power projects has grown to 2.9 GW from 15 MW in 2011. The rest of the 2.6 GW is under different phases of development.
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