Business
Clean Energy Push Gains Momentum as AM Green Signs Pact with VOC Port
Green hydrogen developer AM Green and the V O Chidambaranar Port Authority have signed an agreement to establish a large-scale green ammonia production and bunkering hub at Tuticorin port. The ambitious project is expected to position India as a key player in the emerging low-carbon marine fuel sector, with investments potentially exceeding ₹22,000 crore.
In a significant boost to India’s clean energy ambitions, AM Green and the V O Chidambaranar Port Authority (VOCPA) have partnered to develop a green ammonia production and bunkering hub at Tuticorin Port in Tamil Nadu, with total investments potentially exceeding ₹22,000 crore.
The collaboration is aimed at transforming the strategically located port into a major hub for the production, storage, and supply of environmentally sustainable marine fuels, supporting the global transition toward decarbonised shipping.
According to a statement issued by AM Green, the two entities signed a Memorandum of Understanding (MoU) on May 28, outlining plans to establish a green ammonia bunkering capacity of up to 2,00,000 tonnes per annum by 2029-30.
Developing this initial phase of bunkering infrastructure is expected to require an investment of approximately ₹2,000 crore.
The partners also envision a substantial expansion in the years ahead. Subject to the growth in demand for low-carbon marine fuels, the bunkering capacity could be increased to 500,000 tonnes annually by 2035, involving investments of around ₹5,000 crore.
Beyond bunkering facilities, the broader initiative includes large-scale green ammonia production infrastructure, taking the overall investment potential beyond ₹22,000 crore.
Green ammonia, produced using renewable energy and green hydrogen, is increasingly being viewed as a promising alternative fuel for the maritime industry due to its potential to significantly reduce greenhouse gas emissions.
The proposed hub is expected to support India’s aspirations of becoming a global leader in the green hydrogen and green fuels economy, while also strengthening the country’s role in international shipping supply chains.
Tuticorin Port, one of India’s major ports on the southeast coast, offers strategic advantages owing to its connectivity and access to major shipping routes. The development of a green fuel ecosystem at the port could attract international shipping operators seeking cleaner fuel alternatives to comply with evolving environmental regulations.
Industry experts believe the project could generate substantial economic activity, create employment opportunities, encourage investments in renewable energy infrastructure, and accelerate innovation in the emerging clean fuels sector.
The initiative aligns with India’s broader commitment to achieving net-zero emissions targets and promoting sustainable industrial growth through the adoption of next-generation energy solutions.
