AM Green Ammonia B.V. has achieved a Final Investment Decision (FID) for its green ammonia project in Kakinada, Andhra Pradesh, which aims for an initial production capacity of 1 million tonnes, scaling up to 5 million tonnes by 2030. The project, which will convert an existing urea plant into a green ammonia facility, is set to commence production in the second half of 2026. Major stakeholders in the venture include Gentari and GIC, and the facility will be powered by a combination of solar, wind, and pumped storage capacity, ensuring carbon-free energy. Offtake agreements have been secured with major companies like Uniper and Yara, primarily targeting European markets for its green hydrogen applications. The Kakinada plant has been pre-certified to meet EU RFNBO standards, highlighting its commitment to sustainable energy solutions. Anil Chalamalasetty, founder of AM Green, emphasized the project's significance in supporting global decarbonization efforts.