ADB, Japan back green ammonia plant in India with $100 million loan

Hyderabad, Oct 15 (UNI) The Asian Development Bank (ADB) and the Government of Japan have signed financing agreements with AM Green Ammonia (India) Private Limited to support the development of one of the world's largest renewable energy-powered green ammonia plants in India. The project marks the first investment under the Action for Creating Energy Security for Long-term Resilience (ACCEL), an initiative launched by ADB and Japan in May 2026 to strengthen energy security and support sustainable energy systems across Asia and the Pacific, the company said in a release on Thursday. The plant will convert a former natural gas-based ammonia…