Business EconomyPosted at: May 10 2025 2:17AM


CIL and AM Green aim for India’s largest RE Supply Contract

Hyderabad, May 9 (UNI) Coal India Limited (CIL), plans to supply 4,500 MW of carbon-free energy, in phased manner, to upcoming green ammonia facilities of AM Green.
It would be through a combination of solar and wind whose capacities CIL aims to set up on pan India basis.
This initiative aligns with India’s national goal of achieving a cleaner energy mix and transition towards net-zero emissions, the company said in a release on Friday.

A formal non-binding memorandum of understanding (MoU), for long-term supply and sourcing of renewable energy, was inked on Wednesday between the two entities.

While the solar power capacity would be to the tune of 2500 MW to 3000 MW, wind is expected to account between 1500 MW and 2000 MW at an estimated total outlay of around Rs. 25,000 Crores.
Potential sites for wind projects will be explored in the southern states of the country while for solar plants in the sunny states like Gujarat and Rajasthan.
AM Green will integrate the two renewable sources supplied by CIL with pumped hydro storage to ensure a steady supply of green energy to AM Green facilities.
“While coal remains our mainstay in meeting India’s expanding energy needs in the near term, our plans include a proactive role in building a greener and more sustainable future. This is in consonance with our commitment to become the country's integrated energy provider” said P M Prasad, CIL’s Chairman.
AM Green, promoted by the founders of Greenko, one of India’s leading energy transition solutions providers, targets to produce 5 million tons per annum (MTPA) of green ammonia by 2030. This equals around 1 MTPA of green hydrogen and represents a fifth of India’s target for green hydrogen production under the National Green Hydrogen Mission.
Anil Chalamalasetty, Founder of the Hyderabad based Greenko Group & AM Green, said, “We aim to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world”.
The agreement was signed by Sudarsan Bora, GM (E&M) representing CIL while his counterpart from AM Green was Shatanshu Agrawal, Sr. Vice President – Business Development.
P M Prasad, Chairman, CIL, Mukesh Choudhary, Director (Marketing) CIL and Anil Kumar, GM (MM & Solar) CIL were also present.
UNI KNR RN
Please log in to get detailed story.
Tags: #CIL and AM Green aim for India’s largest RE Supply Contract
More News

GJC seeks GST Rationalisation, MSME relief in pre-Budget Pitch for Fy27

16 Jan 2026 | 5:03 PM

Hyderabad, Jan 16 UNI) The All India Gem & Jewellery Domestic Council (GJC) on Friday s submitted a comprehensive set of pre-budget recommendations to the Ministry of Finance ahead of the union Budget 2026–27, seeking GST rationalisation, direct tax relief, and targeted measures to accelerate formalisation and MSME growth in India’s gems and jewellery sector.

see more..

CBIC extends export incentives to postal shipments for strengthening MSMEs

16 Jan 2026 | 12:03 PM

New Delhi, Jan 16 (UNI) Export incentives have been extended to goods exported through the postal mode in electronic form, with effect from January 15, as part of measures to strengthen India's export ecosystem and promote inclusive growth in cross-border trade, an official statement said on Friday.

see more..

Indian Oil to provide Rs 62 38 lakh CSR support for Zoram Medical College Hospital

15 Jan 2026 | 7:32 PM

Aizawl, Jan 15 (UNI) Zoram Medical College and Hospital (ZMC&H) on Thursday signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for Corporate Social Responsibility (CSR) assistance aimed at strengthening healthcare infrastructure in Mizoram.

see more..

15 Jan 2026 | 7:16 PM

Hyderabad/New Delhi, Jan 15 (UNI) India’s foreign trade continued to show resilience amid global economic uncertainties, with exports rising 4.33 percent to USD 634.26 billion during April–December 2025, according to data reviewed by the Federation of Indian Export Organisations (FIEO).

see more..

RIL-Owned Reliance Industries Infra Q3 FY26 Profit Up 9 9 per cent YoY At Rs 3 01 cr

15 Jan 2026 | 7:16 PM

Mumbai, Jan 15 (UNI) Reliance Industrial Infrastructure Limited (RIIL), which is a group company of the Mukesh Ambani owned-Reliance Industries Limited (RIL), has reported a 9.9 per cent year-on-year (YoY) increase in its consolidated net profit for the third quarter of FY26.

see more..