Solar Energy Corp of India (SECI) has discovered a new record-low green ammonia price of INR 51.8 per kg (around $591.25 per tonne) in its latest auction. The winning bid was placed by NTPC Renewable Energy Ltd for the supply of 70,000 tonnes of green ammonia annually to Krishana Phoschem Ltd’s facility in Meghnagar, Madhya Pradesh.
This follows SECI’s earlier record set last month, where ACME Cleantech Solutions secured supply of 75,000 tonnes of green ammonia annually to Paradeep Phosphates Ltd in Odisha at a tariff of INR 55.75 per kg (about $641/tonne). That auction marked the first-ever procurement of green ammonia under the National Green Hydrogen Mission’s SIGHT Scheme (Mode 2A).
The INR 51.8/kg ($591.25 per metric tonne) green ammonia price further narrows the cost gap with grey ammonia, which was priced at $515/tonne as of March 2025.
Under the SIGHT Mode-2A scheme, the government aims to procure 724,000 metric tonnes of green ammonia annually through 13 competitive auctions, creating long-term offtake certainty for producers.
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