ADB, Japan back AM Green's renewable ammonia plant in Kakinada

The Asian Development Bank and Japan's International Cooperation Agency have backed AM Green's renewable ammonia plant project in Kakinada, Andhra Pradesh. The support includes a $100 million loan from Asia's Private Infrastructure Fund 2, which is financed by JICA and administered by ADB.

The investment represents international confidence in India's renewable energy infrastructure development. AM Green is focusing on green ammonia production, aligning with global decarbonization trends and India's clean energy goals.

Kakinada, located in coastal Andhra Pradesh, offers strategic advantages for ammonia production and export. The project is expected to contribute to the region's industrial growth while supporting India's transition toward sustainable manufacturing practices.