Adani Enterprises Partners Kowa Singapore for Sustainable Hydrogen and Ammonia

09 Sep, 2023

Adani Enterprises Partners Kowa Singapore for Sustainable Hydrogen and Ammonia

Adani Group, led by billionaire Gautam Adani, is making substantial investments, totaling billions of dollars, to establish cutting-edge facilities aimed at producing environmentally sustainable green ammonia and green hydrogen derived from water sources. This forward-thinking initiative marks a significant stride towards clean energy production and a reduction in carbon emissions.

In an exciting development, Adani Group has joined forces with Kowa Group, a renowned Japanese trading house, in a balanced and equitable joint venture. This partnership will focus on the marketing and distribution of green ammonia and green hydrogen, both of which are slated to be produced by the Indian conglomerate. The collaboration is set to play a pivotal role in advancing sustainable energy solutions.

The partnership between Adani Group and Kowa Group has been formalized through a joint venture agreement facilitated by Adani Global Pte Ltd, Singapore. This subsidiary, wholly owned by Adani Enterprises Ltd, will be at the helm of coordinating this groundbreaking endeavor. The agreement outlines the establishment of a joint venture company in Singapore, which will operate in accordance with the terms outlined in the agreement.

Central to this agreement is the commitment to oversee the sales and marketing of green ammonia, green hydrogen, and their derivatives. These eco-friendly products will be produced and supplied by Adani Group, with a particular focus on serving the agreed territory. This strategic collaboration signifies a significant step towards a more sustainable and environmentally conscious future in the energy sector.