India to export green energy to Singapore from 2025

India will for the first-time export green energy from 2025, with the first shipments going to a Singapore power plant under an MoU signed by an India-based dispatchable renewables company and Singapore’s energy business.

The MoU to explore opportunities in green hydrogen potential in India will see Greenko group and Singapore’s Keppel Infrastructure working towards a 250,000 tonne per annum contract to be supplied to Keppel’s new 600Mw power plant in Singapore.

Further, the contract for the export of green ammonia would also expand to cover bunker fuel through the Keppel network in Singapore’s network of bunker fuel supplies to ships, said Mahesh Kolli, President and Joint Managing Director of Greenko Group.

Likewise, Greenko’s wide range of investments includes $5 billion in the storage of carbon-free green hydrogen energy across India, said Kolli.

The green ammonia will fuel newly built ships, including a fleet ordered by the international shipping group Maersk.

Last month, Greenko signed a deal to supply one million tonnes a year of green ammonia supply to South Korean steel and power producer, Posco. The delivery is also expected from 2025-26 onwards.

The Greenko-Keppel MoU was virtually witnessed by Petroleum and Natural Gas Minister Hardeep Singh Puri and Singapore’s Trade and Industry Minister Gan Kim Yong.