ACME, IHI Corporations Green Ammonia JV achieves important milestones

ACME Clean Energy Private Ltd, a 70:30 three way partnership between India’s ACME Group and Japan’s IHI Corporation, at present creating India’s largest inexperienced ammonia undertaking in Gopalpur, Odisha, mentioned the undertaking had achieved “important milestones” for the reason that signing of their preliminary Memorandum of Understanding (MoU) in 2023.

“The undertaking has achieved important milestones, together with the institution of a three way partnership partnership, mandatory land for the undertaking has been secured, and the Front-End Engineering Design (FEED) has been efficiently accomplished by a reputed international engineering agency,” the corporate mentioned in a press release.

“This collaboration between ACME Group and IHI Corporation is vital in advancing the imaginative and prescient of the India–Japan Clean Energy Partnership, contributing to sustainable power options and strengthening bilateral ties,” it added.

At the fifteenth Japan–India Annual Summit held in Tokyo on August 29-30, 2025, Prime Minister Narendra Modi and Japan’s Prime Minister Shigeru Ishiba adopted a Joint Declaration of Intent on Clean Hydrogen and Ammonia as a part of the bilateral Clean Energy Partnership.

The ACME–IHI collaboration straight helps this shared imaginative and prescient by making a large-scale provide chain for Green Ammonia between India and Japan, the corporate mentioned.

ACME Group and IHI Corporation three way partnership helps the National Green Hydrogen Mission’s goal to make India a serious producer and exporter of inexperienced hydrogen and derivatives, whereas strengthening Japan’s sourcing technique for clear fuels to decarbonize its energy era and industrial sectors.

Manoj Kumar Upadhyay, Chairman, ACME Group, “Amidst the rising want for decarbonization, India and Japan face related considerations round power safety and sustainability. Our three way partnership is a milestone not just for ACME Group however for India’s journey in the direction of turning into a world chief in inexperienced hydrogen and inexperienced ammonia.”

“Together with IHI, we are going to construct a future-ready ecosystem that strengthens power safety, generates employment, and contributes to the worldwide struggle towards local weather change,” he added.

Hiroshi Ide, President and CEO, IHI Corporation in a press release mentioned, “Through this collaboration, we goal to safe inexperienced ammonia gas worth chains that can profit each India and Japan, whereas supporting international decarbonization objectives.”

According to the three way partnership association, ACME and IHI will collectively set up the inexperienced ammonia undertaking for provide to Japanese home trade throughout various fields together with energy era and chemical industries.