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SECI sees record-low price of ₹55.75 per kg in first green ammonia auction

This holds significance as low-priced green ammonia is pivotal for India to reduce reliance on imported natural gas for fertiliser production, lower carbon emissions, and enhance energy security.

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SECI, acting as the intermediary procurer, has anchored the auction under the guidance of the Ministry of New & Renewable Energy (MNRE), with support from the Department of Fertilizers and the participating offtakers.

BS Reporter New Delhi

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The Solar Energy Corporation of India (SECI) has achieved a record-low price of ₹55.75 per kg for green ammonia in its first-ever auction under the National Green Hydrogen Mission’s SIGHT Scheme (Mode 2A). 
 
This holds significance as low-priced green ammonia is pivotal for India to reduce reliance on imported natural gas for fertiliser production, lower carbon emissions, and enhance energy security. It can also significantly cut down the country's fertiliser subsidy burden, promote agricultural sustainability, and drive technological innovation.  
This auction covers the supply of 75,000 tonnes per annum of green ammonia to Paradeep Phosphates Limited, Odisha. 
It is the first