New Delhi, June 12 -- Greenko-founders-backed AM Green on Friday announced a partnership with V.O. Chidambaranar Port Authority (VOCPA), under the ports ministry, to jointly develop a 200 kilotonne per annum (ktpa) green ammonia bunkering hub at VOC Port in Tamil Nadu's Thoothukudi.

The projected investment would be around Rs.2,000 crore, said a statement by AM Green on Friday. The bunkering hub may be scaled up to 500ktpa by 2035, worth a total investment of Rs.5,000 crore, subject to market demand and industry adoption of low-carbon marine fuels, it said.

The memorandum of understanding was signed on 28 May.

AM Green and VOCPA will explore pilot bunkering operations and jointly develop the infrastructure required to facilitate green ...