New Delhi, Jan. 12 -- AM Green Ammonia, backed by Greenko founders, on Monday signed a long-term agreement with Germany-based energy firm Uniper Global Commodities SE for an annual offtake of up to 500,000 tonnes of green ammonia from India.

A joint statement said that the first shipment is expected to sail as early as 2028 from AM Green Ammonia's first 1 million tonne per annum (MTPA) plant in Kakinada, Andhra Pradesh. The plant is currently under construction.

The development comes on a day when India and Germany exchanged a memorandum of understanding (MoU) on hydrogen integration in natural gas infrastructure.

"Uniper Global Commodities SE and AM Green Ammonia India Pvt Ltd today announced the signing of a long-term binding offtake...