In a strategic move signalling a deepened commitment to sustainability, Adani Global Pte Ltd, a key subsidiary of Adani Enterprises Ltd based in Singapore, has entered into a 50:50 joint venture (JV) with Kowa Holdings Asia Pte Ltd, also based in Singapore. The primary focus of this JV? Sales and marketing of green ammonia, green hydrogen, and its associated derivatives, targeting key markets like Japan, Taiwan, and Hawaii.
Extending Adani’s Green Commitment: ANIL’s Hydrogen Endeavours
This JV with Kowa is not just a one-off collaboration, but rather, an extension of Adani Group’s long-standing trading relationship with Kowa. Riding on the green wave, Adani New Industries Limited (ANIL)—the green hydrogen arm of Adani Group—is on a mission. ANIL is innovating end-to-end solutions to produce globally competitive green hydrogen and its sustainable derivatives on a grand scale. With a pilot project in Gujarat aiming for a 1 million metric tonnes per annum (MMTPA) green hydrogen output, the initial production phase is slated for FY2027. But that’s just the start. Based on market dynamics, ANIL is eyeing a capacity ramp-up to 3 MMTPA of green hydrogen over the next decade, backed by a staggering investment of around USD 50 billion.
ANIL’s Integrated Green Hydrogen Ecosystem
Central to ANIL’s strategy is the development of a holistic hydrogen ecosystem, encompassing:
- Manufacturing of critical supply chain products including solar-polysilicon, wind turbine generators, electrolyzers, and more.
- A focus on green hydrogen generation.
- Production of green downstream derivatives like green ammonia, green methanol, and sustainable aviation fuel.
Leveraging Adani Group’s vast expertise in renewable equipment manufacturing, robust grid infrastructure, and unmatched project execution, ANIL is uniquely positioned to redefine the green hydrogen landscape in India. Mundra ports’ strategic location, proximity to global supply chains, and jetty availability for cryogenic product shipments further amplify ANIL’s potential to make waves in the green hydrogen export market.
In essence, the combined prowess of Adani Group and Kowa Holdings Asia promises a brighter, greener future for green hydrogen and its derivatives in the Asia-Pacific region.
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