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2024

AM Green firms up investment for 1 MT green ammonia project

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AM Green Ammonia has confirmed a significant investment for its green ammonia project at Kakinada, Andhra Pradesh, with total funding estimated between ₹13,000-15,000 crore ($1.5 billion). The investment, equally divided between equity and debt, involves contributions from Gentari, a subsidiary of Malaysia's Petronas, Singapore’s GIC, and ADIA.