ADB, Japan to finance AM Green Ammonia’s project

ADB, Japan to finance AM Green Ammonia’s project left https://th-i.thgim.com/public/business/hjgnsp/article71593709.ece/alternates/FREE_1200/A%20M%20Green%20New.jpg The project will convert a former ammonia and urea plant from natural gas fuelled production to renewable-powered green ammonia, with capacity to produce about 1.1 million tonnes per year HYDERABAD The Asian Development Bank (ADB) and the Government of Japan have signed financing agreements with AM Green Ammonia (India) to help build one of the world’s largest plants to make ammonia using renewable energy in India. The investment includes a $100 million loan from the leading Asia’s Private Infrastructure Fund 2, financed by the Japan International Cooperation Agency (JICA) and administered by ADB.