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Economic Times
07-08-2025
- Business
- Economic Times
Industry sees boost from low green ammonia prices
Synopsis India's first green ammonia auctions have delivered significantly lower prices, giving a push to the country's clean hydrogen plans. NTPC Renewable Energy, ACME Cleantech, and Oriana Power won bids to supply a total of over 200,000 tonnes annually at ₹51.80–₹55.75 per kg under the SIGHT scheme. IANS The low prices for green ammonia, a derivative of green hydrogen, discovered in initial tenders for supply to fertiliser producers provides a much-needed boost and renews focus on its long-term potential, industry experts said. NTPC Renewable Energy won the bid to supply 70,000 tonnes of green ammonia annually at ₹51.80/kg (about $0.62/kg) while ACME Cleantech won the contract for 75,000 tonnes at ₹55.75/kg (around $0.67/kg). Oriana Power will supply 60,000 tonnes. These prices were discovered in reverse auctions for three of the 13 fertiliser units under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. Demand for these units was aggregated by Solar Energy Corporation of India at 724,000 tonnes of green ammonia annually. Auctions for the remaining units will continue till this month-end, said a government official."The recent winning auctions for green ammonia and the low price bode well for Indian green hydrogen ecosystem," said Hemant Mallya, fellow, Council on Energy, Environment and Water (CEEW).SECI termed the bids as "globally competitive record-low price", setting new benchmarks for green hydrogen derivatives worldwide. NTPC's price translates to $591/tonne, Acme at $641/tonne and Oriana at $596.23/tonne. Though not directly comparable, the price discovered in the last tender a year ago was at $1,153/tonne on cost and freight (CFR) basis in the H2Global ammonia prices, which are currently trending lower than the clean or green variant, is at about $400/tonne, though it had reached $515/tonne in March, according to industry experts."The competitive tariffs discovered in these auctions are driven by decline in cost of renewable power (including energy storage), electrolysers as well as available Production Linked Incentive (PLI)," said Pranav Master, senior practice leader and director - energy & sustainability at Crisil Intelligence. "These tariffs imply a premium of 15%-25% to grey ammonia, marking a rapid convergence," he added.
Time of India
07-08-2025
- Business
- Time of India
Industry sees boost from low green ammonia prices
The low prices for green ammonia , a derivative of green hydrogen, discovered in initial tenders for supply to fertiliser producers provides a much-needed boost and renews focus on its long-term potential, industry experts said. NTPC Renewable Energy won the bid to supply 70,000 tonnes of green ammonia annually at ₹51.80/kg (about $0.62/kg) while ACME Cleantech won the contract for 75,000 tonnes at ₹55.75/kg (around $0.67/kg). Oriana Power will supply 60,000 tonnes. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program These prices were discovered in reverse auctions for three of the 13 fertiliser units under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. Demand for these units was aggregated by Solar Energy Corporation of India at 724,000 tonnes of green ammonia annually. Auctions for the remaining units will continue till this month-end, said a government official. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Highlights from Bollywood 2025 that captured attention Learn More Undo "The recent winning auctions for green ammonia and the low price bode well for Indian green hydrogen ecosystem," said Hemant Mallya, fellow, Council on Energy, Environment and Water (CEEW). SECI termed the bids as "globally competitive record-low price", setting new benchmarks for green hydrogen derivatives worldwide. NTPC's price translates to $591/tonne, Acme at $641/tonne and Oriana at $596.23/tonne. Live Events Though not directly comparable, the price discovered in the last tender a year ago was at $1,153/tonne on cost and freight (CFR) basis in the H2Global auction. Grey ammonia prices, which are currently trending lower than the clean or green variant, is at about $400/tonne, though it had reached $515/tonne in March, according to industry experts. "The competitive tariffs discovered in these auctions are driven by decline in cost of renewable power (including energy storage), electrolysers as well as available Production Linked Incentive (PLI)," said Pranav Master, senior practice leader and director - energy & sustainability at Crisil Intelligence. "These tariffs imply a premium of 15%-25% to grey ammonia, marking a rapid convergence," he added.
Business Standard
31-07-2025
- Business
- Business Standard
NTPC Green further commissions 6 MW of Dayapar Wind Energy Project
NTPC Green Energy announced that consequent upon successful commissioning, the third part capacity of 6 MW out of 150 MW Dayapar Wind Energy Project (Phase-I at Dayapar, Bhuj, Gujarat, under 450 MW Hybrid Project) of NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy is declared on Commercial Operation w.e.f. 00:00 Hrs. of 31 July 2025. The first part capacity of 50 MW and second part capacity of 90 MW has already been declared on commercial operation w.e.f. 04 November 2023 and 09 April 2025 respectively.
Business Standard
01-07-2025
- Business
- Business Standard
NTPC Green declares commercial operation of additional 32.8 MW at Khavda Solar Energy Project
NTPC Green Energy announced that consequent upon successful commissioning, the second part capacity of 32.8 MW out of 300 MW Khavda Solar Energy Project at Khavda, Bhuj, Gujarat under 450 MW Hybrid Tranche-V Project of NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, is declared on Commercial Operation w.e.f. 00:00 Hrs. of 30 June 2025. The first part capacity of 142.2 MW of aforesaid Solar Energy Project has already been declared on commercial operation w.e.f. 28 June 2025.
Business Standard
01-07-2025
- Business
- Business Standard
NTPC Green Energy commissions further 64.7 MW Khavda-I Solar PV Project
NTPC Green Energy announced that consequent upon successful commissioning, third part capacity of 64.7 MW out of 1255 MW Khavda-I Solar PV Project of NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy in Gujarat under CPSU scheme Phase-II Tranche-III, is declared on Commercial Operation w.e.f. 00:00 Hrs. of 30 June 2025. The first part capacity of 110.25 MW and second part capacity of 146.7 MW of aforesaid Solar PV Project has already been declared on commercial operation w.e.f. 06 June 2025 and 28 June 2025 respectively.
