A joint venture (JV) for the sale and marketing of green ammonia, green hydrogen, and its derivatives has been announced by Adani Global Pte Ltd, Singapore, a step-down company of Adani Enterprises Ltd. The JV's primary focus will be on product marketing in Japan, Taiwan, and Hawaii. According to a statement from the company, it is a logical and strategic extension of Adani Group's long-standing marketing and trading partnership with Kowa.
The Adani Group's green hydrogen platform, Adani New Industries Limited (ANIL), is working on ways to manufacture green hydrogen and its related derivatives. In Gujarat, the first ANIL plant, which will produce 1 million metric tonnes of green hydrogen annually, is being implemented in stages. "Production for the first phase is anticipated to begin in FY2027. With an estimated $50 billion in investment over the next 10 years, ANIL hopes to grow capacity to up to 3 MMTPA of green hydrogen, depending on the state of the market.
It was further stated that ANIL's strategy was centred on the development of a hydrogen ecosystem with three business streams: green hydrogen generation, downstream derivative product production, and manufacturing of supply chain products (solar - polysilicon, ingot, wafer, cell & module, wind turbine generator, electrolyzers and ancillary items).