Latest News | ACME Cleantech, Germany's BASF Partner for Supply of Green Ammonia to European Markets

New Delhi, Nov 22 (PTI) Homegrown ACME Cleantech and Germany-based chemical company BASF have signed an initial agreement to supply green ammonia to European markets.

ACME Cleantech is looking to set up green hydrogen and green ammonia projects at Tuticorin and Gopalpur in India, while at Duqm in Oman, the work is in progress for similar projects.

Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for November 22, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game.

ACME Cleantech and BASF have signed a Heads of Agreement (HoA) to supply green ammonia to Europe and a memorandum of understanding (MoU) to explore further collaboration in the green ammonia business, ACME Group said.

"This partnership aligns with our commitment to sustainability and innovation, covering the entire value chain from production to market development," it said.

Also Read | Maharashtra Election Result 2024: Which Parties Are Members of MahaYuti and Maha Vikas Aghadi? How Many Seats Did BJP, Congress, Shiv Sena, NCP, Shiv Sena (UBT) and NCP (SP) Contest in Vidhan Sabha Polls?.

The collaboration drives cross-border collaboration, reinforces both the region's commitment to decarbonisation and accelerates the adoption of green hydrogen and ammonia, the company said.

ACME Cleantech is one of the largest renewable energy producers and among the top 10 renewable energy players in India.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)