AM Green Group

What AM Green Group does

AM Green Group is a privately held Indian green energy transition platform founded in 2023 by Greenko Group founders Anil Chalamalasetty (Chairman & CEO) and Mahesh Kolli (Group President), headquartered in Hyderabad. The company produces green ammonia, hydrogen, methanol, caustic soda, olefins, chlorine, RNG, and sustainable aviation fuel using water electrolysis powered by renewable energy (solar, wind, and pumped hydro storage). Its flagship Kakinada project in Andhra Pradesh integrates 7.5 GW of renewable generation, 1.95 GW of electrolysis capacity, and 1 GW of pumped hydro storage at a $10 billion investment scale, with additional planned facilities at Tuticorin (1.0 MTPA), Kandla (1.5 MTPA), and Una (0.1 MTPA), targeting 5 MTPA of green ammonia capacity by 2030. Core technology partnerships include John Cockerill for pressurised 5MW alkaline electrolysers and Chempolis for 2G biofuel/SAF processing.

The business model rests on long-term binding offtake agreements with European utilities and chemical majors under EU RFNBO standards, secured through senior-level bilateral diplomacy. Key contracts include Uniper (500,000 tpa), RWE (250,000 tpa), BASF (100,000 tpa), and Yara Clean Ammonia, with first shipments scheduled from 2028. Distribution is anchored by port partnerships with V.O. Chidambaranar, Port of Rotterdam Authority, and DP World, enabling India-to-Europe and intra-Asia green fuel corridors. Capital structure is supported by Gentari/PETRONAS, GIC, ADIA, ORIX ($731M convertible note for 10% stake), and Stonepeak (~$1.4B at $9.3B pre-money pending closing). Beyond molecules, AM Green is expanding into low-carbon aluminum (50:50 JV with Rio Tinto, MoU with Mitsui) and a $25 billion AI compute hub in Uttar Pradesh via subsidiary AM AI Labs, signaling a strategic pivot toward capital-intensive, infrastructure-style platforms aligned with India's decarbonization and digital sovereignty objectives.

Name

AM Green Group

Legal name

AM Green

Website

https://amgreen.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

101–250 employees

Short description

AM Green Group is a Hyderabad-based, privately held green energy transition platform producing green ammonia, hydrogen, methanol, and SAF via renewable-powered electrolysis, serving European utilities and industrial offtakers under EU RFNBO standards through long-term binding agreements.

Ownership category

akta.pro rank

Product category

Green Chemicals and Clean Energy Manufacturing

NAICS

Industrial Gas Manufacturing (32512)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC)

akta.pro secondary industries

Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols) (EUABAIAB), Sustainable Aviation Fuel (SAF) Production (HEFA, FT, ATJ) (EUAAAHAE), Sustainable Aviation Fuel (SAF) & Alternative Fuels (e-fuels, biofuels, hydrogen) (THABANAA)

Keywords

• Green ammonia production
• Green hydrogen electrolysis
• Green methanol manufacturing
• Sustainable aviation fuel
• Low-carbon aluminum

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Infrastructure, Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Green Ammonia Sales: Long-term binding offtake agreements with European utilities (Uniper 500,000 tonnes/year), chemical companies (BASF 100,000 tonnes/year), and other industrial consumers. Production from Kakinada (1 MTPA), Tuticorin (1 MTPA), Kandla (1.5 MTPA), and Una (0.1 MTPA) facilities targeting global export markets.
2. Green Methanol Sales: Production and sale of green methanol for marine and automotive transportation, chemical production, and power generation. Partnership with DP World for 1 MTPA export infrastructure.
3. Low-Carbon Aluminum Sales: Production and sale of green aluminum from 1 MTPA smelter and 2 MTPA alumina refinery in Andhra Pradesh. Partnerships with Mitsui and Rio Tinto for potential investment and offtake arrangements.
4. Renewable Energy Supply: Supply of round-the-clock renewable energy to green ammonia production facilities. Coal India and SJVN partnerships for India's largest RE supply contracts.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

AM Green Group manufactures and supplies green molecules (green ammonia, green hydrogen, green methanol, green caustic soda, green olefins, green chlorine, renewable natural gas) and sustainable aviation fuel produced via water electrolysis powered by renewable energy. The company operates integrated production facilities across India (Kakinada, Tuticorin, Kandla, Una) with total planned capacity of 4.6 MTPA of green ammonia, exporting under long-term binding offtake agreements to European utilities and chemical companies.

Product overview

AM Green is a green energy transition company that operates a comprehensive green molecule platform producing sustainable chemicals and fuels. The portfolio includes core products: Green Ammonia (main product at multiple facilities including Kakinada 2.0 MTPA, Tuticorin 1.0 MTPA, Kandla 1.5 MTPA, and UNA 0.1 MTPA), Green Hydrogen, Green Methanol, Green Caustic Soda, Green Olefins, Green Chlorine, Renewable Natural Gas, and Green Fuels including Sustainable Aviation Fuel. The company also offers technology services through electrolyser manufacturing (partnership with John Cockerill targeting 1-2 GW capacity) and SAF equipment manufacturing. Recent initiatives include a 1 GW AI compute hub in Uttar Pradesh powered by renewable energy. The company targets 5 MTPA of green ammonia production capacity by 2030 and has secured offtake agreements with Uniper, RWE, BASF, and other global buyers.

Differentiator

Problem solved

Functional benefit

Brands

• AM Green Ammonia: Green ammonia production and export business unit
• AM Green Molecules
• AM Green Technology & Services
• AM Green International
• AM Green Aluminium Metals and Materials

Products and services

• Green Ammonia Sustainable ammonia produced using renewable energy through water electrolysis, serving as a key green hydrogen carrier for agriculture (fertilizer feedstock), marine fuel, and chemical manufacturing applications. Sold via long-term binding offtake agreements to European utilities and chemical companies.
• Green Hydrogen Clean hydrogen produced via water electrolysis using renewable energy sources (solar, wind, pumped hydro storage), positioned as the world's lowest levelized cost of hydrogen for industrial decarbonization.
• Green Methanol Renewable methanol produced from biomass, carbon dioxide, or hydrogen using renewable energy, used in marine and automotive transportation, chemical production, and power generation.
• Green Caustic Soda Sustainable sodium hydroxide produced using renewable energy, serving as a key industrial chemical for detergents, water treatment, pulp and paper, and alumina extraction.
• Green Olefins Hydrocarbon compounds produced using renewable energy for plastics, polymers, PVC, synthetic rubber, and pharmaceutical applications.
• Green Chlorine Sustainable chlorine produced using renewable energy for water treatment, PVC production, pharmaceuticals, and chemical manufacturing.
• Renewable Natural Gas (RNG) Biogas produced from organic sources including landfills, sewage, agricultural waste, and food waste as a sustainable alternative to fossil natural gas.
• Sustainable Aviation Fuel (SAF) Eco-friendly aviation fuel produced using advanced 2G bio-fuel technology with EU-RFNBO compliant processes to significantly reduce carbon emissions in the aviation industry.
• Electrolyser Manufacturing Manufacturing of high-capacity pressurised alkaline electrolysers in partnership with John Cockerill, the world's largest electrolyser manufacturer, through a 1 GW manufacturing plant in India scaling to 2 GW.
• SAF Equipment Manufacturing In-house manufacturing of SAF production equipment including dehydration reactors and oligomerization reactors, with proprietary catalysts producing best-in-class EU-RFNBO-compliant yields.
• Green Aluminum Low-carbon aluminum produced from a 1 MTPA primary aluminum smelter and 2 MTPA alumina refinery in Andhra Pradesh powered entirely by renewable wind and solar energy firmed up by pumped hydro storage — world's first integrated green aluminum production platform.
• AI Compute Hub Services High-performance AI compute hub services delivered through a 1 GW data center in Greater Noida, Uttar Pradesh powered by 24/7 carbon-free energy from wind, solar, and pumped storage, with approximately 500,000 high-performance chipsets.

Quantifiable outcome

• India's first commercial-scale green ammonia and green hydrogen production facility
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

16 partnerships are on record, tiered strategic and core.

• H2Global FoundationstrategicStrategic or Co-development Partner · 5 June 2026MoU with V.O. Chidambaranar Port to develop green molecule handling infrastructure and explore long-term offtake opportunities for exporting green hydrogen and derivatives to Europe. H2Global is German state-funded scheme purchasing green molecules for European consumers.
• V.O. Chidambaranar Port Authority (VOCPA)coreStrategic or Co-development Partner · 28 May 2026MoU to develop VOC Port in Tuticorin as green ammonia production and bunkering hub. Initial 200 KTPA bunkering capacity by 2029-30, scalable to 500 KTPA by 2035. Rs 2,000 crore investment for bunkering, Rs 15,000 crore for production facility.
• Kandla Port (Green Hydrogen Hub)coreStrategic or Co-development Partner · 22 April 2026Green hydrogen hub development at Kandla port. L&T, Reliance, Welspun and AM Green collectively took approximately 3,400 acres at Kandla for production facilities.
• YEIDA (Yamuna Expressway Industrial Development Authority)strategicStrategic or Co-development Partner · 16 February 2026Letter of Intent for land allocation to build 1 GW AI compute hub in Greater Noida. $25 billion project with initial phases of 150 MW and 200 MW data centres expected online by 2028.
• HoneywellstrategicTechnology or Integration · 11 February 2026Strategic agreement to develop sustainable fuels including carbon capture and SAF in India. Honeywell providing process technologies, automation, and hydrogen-specific digital solutions.
• Uniper Global Commodities SEcoreStrategic or Co-development Partner · 12 January 2026Long-term binding offtake agreement for up to 500,000 tonnes per year of RFNBO-certified renewable ammonia from Kakinada plant, with first shipments expected in 2028. Deal exchanged in presence of PM Modi and German Chancellor Merz, establishing India-Europe green ammonia supply corridor.
• Port of Rotterdam AuthoritycoreStrategic or Co-development Partner · 26 May 2025Partnership to establish green energy supply chain between India and Northwestern Europe, enabling annual trade of up to 1 million tonnes of green fuels (green ammonia and SAF) valued at nearly $1 billion. Rotterdam positioned as key European entry point for hydrogen carriers.
• Rio TintostrategicStrategic or Co-development Partner · 17 April 2025Planning to form 50:50 JV with AM Green arm for aluminum smelter and refinery in South India. Initial target for 2030 with 1 million tonnes of aluminium and 2 million tonnes of alumina capacity, powered by renewable energy.
• DP WorldcoreStrategic or Co-development Partner · 14 January 2025MoU to develop joint logistics and storage infrastructure for exporting 1 MTPA of green ammonia and 1 MTPA of green methanol annually. Partnership includes bunker infrastructure in Dubai, India, and Southeast Asia, and strategic terminals in EU, Far East, and UAE.
• Yara Clean AmmoniastrategicStrategic or Co-development Partner · 14 January 2025Term sheet for sale of renewable ammonia from India to Yara Clean Ammonia's global market. Positions AM Green in global ammonia trade network.
• Gentari (PETRONAS)coreStrategic or Co-development Partner · 9 December 2024Gentari to supply large-scale, carbon-free energy to AM Green Ammonia. Partnership with GIC targeting 1 MTPA of green hydrogen production representing 20% of India's national target. Gentari supplying 650 MW of round-the-clock renewable energy.
• John CockerillcoreTechnology or Integration · 30 October 2024Partnership for India's largest electrolyzer order for green ammonia complex. John Cockerill is world's largest electrolyser manufacturer with pressurised 5MW single stack technology. Target to build 1 GW electrolyser manufacturing plant in India, ramp up to 2 GW.
• BASF SEcoreStrategic or Co-development Partner · 28 October 2024MoU to jointly evaluate low-carbon chemicals production in India. Non-binding LoI for acquisition of 100,000 tonnes per year of green ammonia meeting EU RFNBO standards. Some AM Green facilities pre-certified under CertifHy scheme.
• GAIL (India)strategicStrategic or Co-development Partner · 4 October 2024MoU for jointly developing renewable energy up to 2.5 GW and green chemical projects. Supports power supply for green ammonia production.
• RWEcoreStrategic or Co-development Partner · 18 September 2024MoU for supply of up to 250,000 tonnes annually of RFNBO-compliant ammonia from India. Partnership to support RWE's decarbonization objectives and establish green ammonia supply corridor.
• SJVNstrategicStrategic or Co-development Partner · 1 July 2024One of world's largest carbon-free renewable energy supply contract. Supports round-the-clock renewable power for green ammonia production.

Scale indicators9 records

Recent moves9 records

Expansion highlights7 records

Emerging players

• Ørsted: Danish offshore wind major expanding into green hydrogen and e-fuels (e-methanol, Power-to-X). Comparable vertical-integration thesis combining renewables with hydrogen derivatives.

Broad incumbents

• Iberdrola: Spanish utility and one of Europe's largest renewable developers, pursuing green hydrogen and e-fuels projects. Both a potential customer and a competitor for European RFNBO supply.
• Yara International: Global ammonia and fertilizer major with Yara Clean Ammonia subsidiary. AM Green has a term sheet to supply Yara, making it both a counterparty and the most established clean ammonia competitor.
• Air Products and Chemicals: Global industrial gas major and one of the largest green hydrogen project developers globally, including NEOM in Saudi Arabia. Operates broadly across industrial gases and competes for the same blue-chip European utility offtake.

Others

• John Cockerill: World's largest electrolyser manufacturer and AM Green's core technology partner for the Kakinada complex. Adjacent ecosystem player rather than direct competitor, but critical to AM Green's cost position.

Direct peers

• Fortescue Future Industries: Australian green hydrogen/ammonia/e-fuels developer pursuing similar export-led strategy from low-cost renewable resources. Directly comparable technology stack and customer base.
• ACME Group: Indian renewable energy and green hydrogen developer with multiple ammonia/hydrogen projects and secured international offtake. Closest Indian peer pursuing the same European export thesis.
• Reliance New Energy / Reliance Industries: India's largest conglomerate building multi-million-tonne green hydrogen and green ammonia capacity at Jamnagar with its own captive renewables. Competes directly for Indian export offtake and EU RFNBO supply.
• Greenko Group: Indian renewable energy platform (founded by the same Greenko founders Anil Chalamalasetty and Mahesh Kolli) that supplies round-the-clock renewable power to AM Green's ammonia projects. Sister-company relationship and overlapping management make it the closest operational peer.
• Adani New Industries (Adani Group): Indian conglomerate building green hydrogen, ammonia, and downstream e-fuels projects with its own renewable generation and port infrastructure. Direct competitor for Kakinada-adjacent Indian green molecule export.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/am-green-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AM Green Group