Chief Minister Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan have officially laid the foundation stone for what will become the largest green hydrogen-based green ammonia project in Kakinada. This ambitious initiative is being developed by AM Green, a subsidiary of the Greenko Group, with plans to export green ammonia to Germany, Japan, and Singapore.

The investment for this project is estimated at around ₹18,000 crore (approximately US$2 billion). During the construction phase, the project is anticipated to create approximately 8,000 job opportunities. Furthermore, following completion, a significant number of additional jobs are expected to be generated in logistics, storage, and port services.

The green ammonia produced at this facility is earmarked for export to Uniper, a major German energy company. The project also involves partnerships with prominent firms, including Malaysia’s Petronas, Singapore’s GIC, and the UAE’s ADIA, reinforcing its international significance.