India, Aug. 6 -- The Government of India issued the following news release:
In a landmark development under the National Green Hydrogen Mission, the first- ever auction conducted by SECI for the procurement of Green Ammonia under the SIGHT Scheme (Mode-2A) has achieved a record low price discovery of rs 55.75/kg.
This pioneering auction covers the supply of 75,000 metric tonnes per annum of Green Ammonia to Paradeep Phosphates Limited, Odisha. It is the first in a planned series of 13 auctions over the coming month, under a tender aggregating a cumulative procurement capacity of 7.24 lakh MT/year.
The discovered price translates to approximately USD 641/MT, a substantial drop from the previously discovered price of rs 100.28/kg (USD 1,15...