Adani Group is investing multi-billion dollars in setting up facilities to produce green ammonia and green hydrogen from water.
Billionaire Gautam Adani’s group said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate.
Adani Global Pte Ltd, Singapore, a step-down wholly-owned subsidiary of (Adani Enterprises Ltd) has signed a joint venture agreement with Kowa Holdings Asia Pte Ltd, Singapore.
Adani Group is investing multi-billion dollars in setting up facilities to produce green ammonia and green hydrogen from water.
Joint venture agreement records the terms of incorporation of a joint venture company in Singapore in accordance with the terms of the agreement for the sales and marketing of green ammonia, green hydrogen and its derivatives produced and supplied by Adani Group, in the agreed territory. Adani and Kowa will hold a 50 per cent stake each in the joint venture.
Tags: Adani, Green Ammonia, Hydrogen
Recent Posts
Greenlyte and MB Energy sign strategic e-methanol offtake agreement
CSDC and TECHNOLOG forge alliance to drive green, smart shipbuilding
DPA Kandla invites bids for India’s first port-based bio-methanol plant
Green & Digital Maritime Corridors Dialogue’ at JNPA sets stage for India Maritime Week 2025
Thermax partners with HydrogenPro for alkaline electrolyser systems in India
PIL Conducts First Simultaneous Cargo and LNG Bunkering in Singapore
NYK Takes Delivery of LNG-Fuelled Capesize Bulker SG Dawn
Swire Shipping joins Achilles Maritime Network to strengthen supply chain sustainability and compliance