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Home > All news > Shipping, Sustainability > Signing of Memorandum of Understanding for Consideration of Investment in Green Ammonia Production Project in India

Signing of Memorandum of Understanding for Consideration of Investment in Green Ammonia Production Project in India

March 25, 2025

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Signing of Memorandum of Understanding for Consideration of Investment in Green Ammonia Production Project in India

-Towards Japan's First Import of Green Ammonia-

Tokyo - IHI Corporation, Hokkaido Electric Power Co., Mitsubishi Gas Chemical Company, Inc., Mitsui O.S.K. Lines, Ltd., Inc., Mizuho Bank, Ltd., and Tokyo Century Corporation have signed a Memorandum of Understanding (MoU) to explore investment opportunities in a green ammonia production project currently under development in India (hereinafter referred to as "the Project").

In the Project, a new green ammonia production facility will be established in Odisha, eastern India by 2030, in collaboration with ACME Group (Note . . .

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