NTPC Strengthens Green Energy Push with 70,000 MTPA Green Ammonia Deal

NTPC Renewable Energy Ltd. has signed a Green Ammonia Purchase Agreement with Solar Energy Corporation of India (SECI) on March 30, 2026, marking a key step in India’s clean energy transition. Under this agreement, NTPC REL will supply 70,000 metric tonnes per annum (MTPA) of green ammonia to Krishna Phoschem Limited in Meghnagar, Madhya Pradesh, with SECI acting as the intermediary procurer under the SIGHT scheme of the National Green Hydrogen Mission. The contract, reportedly structured for around 10 years, was secured at a competitive price of ₹51.80 per kg, highlighting improving cost viability in green fuel production. This development strengthens

’s position in the emerging green hydrogen ecosystem and aligns with India’s broader decarbonisation goals, particularly in hard-to-abate sectors like fertilisers. Strategically, the deal not only ensures long-term demand visibility but also supports NTPC’s ambition to scale green chemical production, including its proposed 2.5 million tonnes per annum (MMTPA) green hydrogen hub, reinforcing its role as a key player in India’s transition toward sustainable and low-carbon industrial energy solutions. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.