HYDERABAD, India, July 3 (Bernama-BUSINESS WIRE) — AM Green and SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, has entered into a Memorandum of Understanding (MoU) for a long-term agreement for supply and sourcing of renewable energy.
Under the agreement signed on 26th June 2024 in New Delhi, SJVN Green Energy Limited (SGEL) will supply ~4,500 MW of carbon-free energy to AM Green’s upcoming green ammonia facilities. SGEL will set up this capacity through solar and wind power, while AM Green will integrate it with pumped hydro storage to ensure a steady supply of green energy to AM Green facilities.