Uniper signs long-term offtake for green ammonia with India's AM Green

Uniper has signed a binding agreement to buy up to 500,000 tons of green ammonia per year from India's AM Green, with first shipments possible as early as 2028; Indian Prime Minister Narendra Modi welcomed the deal.

Uniper has signed a long-term binding agreement with India's AM Green to purchase up to 500,000 tons of green ammonia per year. The first shipment is scheduled to take place as early as 2028, according to the article. The article mentions Uniper as a German state-owned utility and quotes its CEO saying the deal helps provide customers access to renewable and low-carbon molecules. Indian Prime Minister Narendra Modi welcomed the agreement at a news conference with German Chancellor Friedrich Merz. Key points: - The agreement covers up to 500,000 tons of green ammonia per year. - First shipment is scheduled as early as 2028. - The article mentions Uniper is a German state-owned utility and cites CEO Michael Lewis on the deal's strategic role. - Indian Prime Minister Narendra Modi publicly welcomed the agreement during a meeting with Germany's chancellor. Summary: The agreement establishes a long-term supply arrangement for green ammonia between AM Green and Uniper, and the article reports Uniper views it as part of its strategy to secure renewable, low-carbon molecules for customers. First shipments are scheduled as early as 2028.