Under the agreement, ACME and IHI plan to compete with the relatively cheaper but less environment-friendly blue ammonia supply with the active support and incentives being offered by the government under the National Green Hydrogen Mission and the State Government of Odisha, a joint statement of the companies said.
ACME Group, IHI Corp sign large pact to supply Green Ammonia from India to Japan bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
BluPine Energy, a subsidiary of Actis, has acquired solar power assets from Acme Group for an enterprise value of ₹1,700 crore. The deal, involving 14 special purpose vehicles, will add 312 megawatts of solar capacity to BluPine Energy.