In what is potentially India’s largest renewable energy contract, Coal India Ltd (CIL) has signed an MoU with AM Green for the supply of 4,500 MW of carbon-free energy.
Under the formal but non-binding MoU signed between CIL and AM Green on May 7, 2025, CIL aims to supply 4,500 MW of carbon-free energy, in a phased manner, to feed upcoming green ammonia facilities of AM Green Ammonia (India) Pvt Ltd, part of Greenko Group.
Source of RE
The supply of green energy will be through a combination of solar and wind power capacities that CIL plans to set up pan India.
While the solar power capacity would be to the tune of 2,500 MW to 3,000 MW, wind is expected to account between 1,500 MW and 2,000 MW at an estimated outlay of around Rs.25,000 crore.
Potential sites for wind projects will be explored in the southern states of the county. For solar plants sunny states like Gujarat and Rajasthan will be evaluated.
Integration with pumped storage
AM Green will integrate the two renewable sources supplied by CIL with pumped hydro storage to ensure a steady supply of green energy to AM Green facilities.
AM’s green ammonia plans
AM Green promoted by the founders of Greenko, one of India’s leading energy transition solutions providers, targets to produce 5 million tonnes per annum of green ammonia by 2030. This equals approximately 1 million tpa of green hydrogen and represents a fifth of India’s target for green hydrogen production under the National Green Hydrogen Mission.
Integrated energy producer
“While coal remains our mainstay in meeting India’s expanding energy needs in the near term, our plans include a proactive role in building a greener and more sustainable future. This is in consonance with our commitment to become country’s integrated energy provider” said P. M. Prasad, Chairman, Coal India Ltd.
Cost-competitive producer
Speaking on the occasion, Anil Chalamalasetty, Founder of Hyderabad-based Greenko Group & AM Green, said, “We are delighted to partner with CIL on one of the world’s largest carbon-free, renewable energy supply contracts. We aim to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world.”
Featured photograph (source: ANDRITZ) shows a pumped storage project in India.
