ACME wins in country's first ever green ammonia auction
In India's first-ever green ammonia auction under SECI’s (Solar Energy Corporation) SIGHT Scheme, clean energy firm ACME Cleantech Solutions bagged the contract. The firm bagged a 10-year contract to supply 75,000 metric tonnes per annum to Paradeep Phosphates at a record low tariff of INR 55.75/kg (~USD 641/MT).
This auction is the first in a planned series of 13 tenders targeting a cumulative procurement of 724,000 MT per year.