AM Green, Port of Rotterdam sign MoU to export 1 MTPA green fuels, target $1 bn trade
New Delhi:
AM Green
and the
Port of Rotterdam
Authority on Monday signed a Memorandum of Understanding (MoU) to establish a
green fuels supply chain
enabling exports of up to 1 million tonnes per annum (MTPA) of hydrogen-based fuels from India to Northwestern Europe, with a potential trade value of up to $1 billion annually.
The agreement includes development of bunkering fuels,
Sustainable Aviation Fuels
(SAFs), terminal infrastructure and green port development to connect India's Net Zero Industrial Clusters to Europe via Rotterdam. The Port of Rotterdam currently handles 13 per cent of Europe's total energy demand.
AM Green is targeting a production capacity of 5 MTPA of green ammonia by 2030, equivalent to 1 MTPA of green hydrogen. Initial production will commence at its facility in Kakinada.
The partnership aims to align with India's National Green Hydrogen Mission and Europe's decarbonisation goals.
Boudewijn Siemons, CEO of the Port of Rotterdam Authority, said, 'We are delighted to collaborate with AM Green BV to further strengthen our commitment to the energy transition. This agreement marks an important step towards establishing a robust supply chain for low-carbon fuels and chemicals. With India's vast potential for
green hydrogen production
, combined with Rotterdam's strategic location and advanced infrastructure, the collaboration will lead to a robust and sustainable green energy supply chain between the two regions.'
Anil Chalamalasetty, Founder of AM Green and Greenko Group, said, 'This partnership is part of our ambitious global growth strategy in green fuels including 5 MTPA of green ammonia and 1 MTPA of SAF. This collaboration marks a significant milestone in establishing a global carbon-free energy ecosystem. It will enable the seamless movement of green molecules and fuels from India to Europe, reinforcing AM Green's position as a global clean energy transition platform and accelerating industrial decarbonization globally.'
The Port of Rotterdam will also support development of port infrastructure for safe storage and distribution of hydrogen-based fuels. Requirements for new terminal infrastructure in Rotterdam and along the India-Europe supply chain are being analysed.
The Ministry of New and Renewable Energy's Green Hydrogen Mission targets 5 MTPA of green hydrogen production by 2030. AM Green's proposed output will contribute 20 per cent of India's target and 10 per cent of Europe's green hydrogen import target.
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