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In a significant step towards sustainable agriculture and the use of renewable energy in India, Indian Farmers Fertilizer Cooperative Limited (IFFCO), the world's largest fertilizer cooperative and leader in the fertilizer manufacturing industry, has announced the launch of ACME Clean We signed a memorandum of understanding with Tech Solutions Private Limited (ACME). Renewable energy sector to purchase and supply approximately 200,000 tonnes of ammonia produced through renewable energy routes.
This initiative is in line with the Prime Minister's vision for the National Green Hydrogen Mission.
This will make India a global hub for the production, utilization and export of green hydrogen and its derivatives. This collaboration will also contribute to India's goal of becoming an Atmanirbhar through clean energy and will serve as an inspiration for the global clean energy transition.
This initiative will lead to significant decarbonization of the economy, reduce dependence on fossil fuel imports, and enable India to take leadership in green hydrogen technology and market. Ammonia will be produced through renewable energy routes at ACME's plant in Gopalpur, Odisha.
ACME shall hold green credits and trade with other countries in the form of internationally transferred mitigation results (ITMOs) under Article 6 of the Paris Agreement.
The commercial grade ammonia supplied under this contract will be used at IFFCO's Paradeep unit in Odisha and Kandla unit in Gujarat, where it is required for manufacturing compound fertilizers.
This partnership not only demonstrates both organizations' commitment to environmental stewardship, but also sets a benchmark for the industry in the transition to cleaner and more sustainable energy sources.
“This partnership with IFFCO represents a major step forward in our mission to advance sustainable energy solutions,” said Hiren Mehta, ACME's Chief Commercial Officer.
Mr. Birinder Singh, Director (CRS), IFFCO, said, “By collaborating with ACME, we are able to further strengthen our sustainability efforts and support our country's farmers with eco-friendly fertilizers. “This is a step forward in our continued commitment to innovating in the fertilizer sector.” production and supply. ”
