AM Green and the V.O. Chidambaranar Port Authority have signed a Memorandum of Understanding (MoU) to jointly develop VOC Port in Tuticorin as a strategic green ammonia production and bunkering hub. The agreement, signed on May 28, 2026, aims to support India’s green hydrogen ambitions and strengthen its position in the global green maritime fuel market.

Under the MoU, AM Green plans to develop up to 200 KTPA of green ammonia marine bunkering capacity at the port by 2029-30, with an estimated investment of ₹2,000 crore. The partners will also explore pilot bunkering operations and develop the required infrastructure in line with international standards. The project has the potential to scale up to 500 KTPA by 2035, representing a total investment of ₹5,000 crore, subject to market demand and industry adoption of low-carbon marine fuels.

The agreement also supports AM Green’s proposed 1 MTPA green ammonia production facility near the port, involving an investment of ₹15,000 crore. The project is expected to facilitate an additional ₹35,000 crore investment in renewable power generation. According to the companies, the collaboration will leverage Tuticorin’s strategic location, existing ammonia handling infrastructure, and industrial ecosystem to establish a globally competitive green fuels hub serving both domestic and international markets.

Related