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KP Group, AHES & GH2 Solar To Set Up 100,000 TPA Green Ammonia Plant in India
Gujarat-based KP Group has partnered with South Korean company AHES Co., Ltd. and Indian company GH2 Solar Ltd. to establish and operate a 100,000 metric tons per annum (TPA) green ammonia production facility in India.
KP Group, while sharing these details in a press release, said, “The partnership was formalized through a Memorandum of Understanding (MoU) signed by KPI Green Hydrogen & Ammonia Private Limited (KPI GH), a KP Group company, AHES Co. Ltd., and GH2 Solar Ltd.”
Key highlights of the agreement include:
AHES Co. Ltd., a South Korean clean energy company focused on hydrogen electrolyzer manufacturing, compressed hydrogen storage, and integrated Power-to-Gas solutions, brings its expertise in green hydrogen technologies and international market access, positioning it as a key partner and offtaker.
On the recent partnership, KP Group said, "The project includes the production and supply of 100,000 TPA of green ammonia, with AHES and GH2 arranging offtake agreements, and AHES acting as a direct offtaker. The pricing for this project is indexed to international ammonia benchmarks, ensuring competitive positioning. Based on the agreement, the companies will enter a 15-year strategic collaboration."
About The Project
GH2 Solar Ltd., an Indian renewable energy innovator, specializes in solar infrastructure, green hydrogen production, and electrolyser manufacturing in India. Explaining GH2 Solar's role in the project, KP Group said, "The facility will be developed and operated by KPI GH, AHES, and GH2 will provide technical and strategic support, including arranging offtake agreements for the Green Ammonia produced, targeting markets in South Korea, Japan, and other international destinations. AHES will also be one of the primary offtakers themselves.”
On the latest collaboration, Group added, “The Green Ammonia facility will leverage renewable energy and infrastructure solutions supplied by KP Group entities, including KPI Green Energy Limited, K.P. Energy Limited, and KP Green Engineering Limited, ensuring a sustainable, low-carbon feedstock for ammonia production. This integrated approach aligns with KP Group's established expertise in renewable energy, with over 30 years of experience in the sector and a current portfolio of 1.9+ GW installed power capacity and 3.9+ GW under development.”
“This partnership exemplifies KP Group’s vision to lead clean energy innovation in India and abroad,” said Faruk Patel, Chairman & Managing Director - KP Group. “With KPI GH operating the facility and strategic support from AHES and GH2, we are setting new benchmarks in green ammonia production and international collaboration,” he added.