GAIL and AM Green Sign MoU to Jointly Develop 2.5 GW Renewable Energy Projects and Advance Green Chemical Production

GAIL (India) Limited and AM Green B.V. (AMG) have entered into a Memorandum of Understanding (MoU) to explore initiatives aimed at advancing sustainable energy solutions in India. The collaboration will focus on the long-term supply of carbon dioxide (CO2) for hybrid renewable energy projects and the production of eMethanol.

The MoU was signed by Shri Sumit Kishore, Executive Director (Business Development and Exploration & Production) of GAIL, and Shri Mahesh Kolli, Group President of AM Green, in the presence of Shri Rajeev Singhal, Director (Business Development) of GAIL.

As part of this partnership, both companies plan to jointly explore solar and wind hybrid renewable energy projects, targeting up to 2.5 GW of capacity across India. These hybrid projects will be integrated with Greenko’s upcoming Pump Storage Projects, with the aim of delivering Round the Clock (RTC) power to users, including those involved in the proposed eMethanol production.

The MoU also outlines plans for studying the long-term supply of approximately 350 KTA of CO2 generated by GAIL’s gas processing plants to produce eMethanol, an environmentally friendly fuel that supports a circular economy by reducing carbon emissions. GAIL will have the option to invest in the proposed eMethanol project, fostering a strategic partnership that aligns with both companies’ sustainability goals.

Mahesh Kolli, Group President of AM Green, expressed optimism about the collaboration, stating that the partnership positions AM Green as a leader in clean energy solutions, while advancing India’s ambition to become an exporter of green molecules and supporting industrial decarbonization.

Rajeev Singhal, Director (Business Development) of GAIL, emphasized the company’s commitment to sustainable energy innovation, noting that this partnership is a proactive step toward reducing carbon emissions and promoting alternative fuels. He highlighted the potential of renewable energy projects to reduce the country’s carbon footprint and drive India’s transition to a greener energy landscape.

Additionally, AM Green’s efforts to produce green ammonia across various locations in India will accelerate its goal of achieving 5 MTPA of green ammonia capacity by 2030. This is equivalent to about 1 MTPA of green hydrogen, contributing significantly to India’s National Green Hydrogen Mission and Europe’s green hydrogen import targets. The company also plans to establish large-scale bio refineries to produce green products for industries such as aviation, fuels, and chemicals, supporting global decarbonization efforts.