https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

India Achieves Green Ammonia Price Breakthrough: ₹55.75/kg in SECI’s First Auction vs ₹100.28/kg in 2024

India records a Green Ammonia price of ₹55.75/kg in SECI’s first SIGHT auction, marking a sharp fall from 2024 levels.
Indian Masterminds Stories

New Delhi: In a major stride under the National Green Hydrogen Mission, the Solar Energy Corporation of India (SECI) has successfully conducted its first-ever auction for Green Ammonia procurement. The auction, held under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme – Mode-2A, recorded a breakthrough price of ₹55.75 per kilogram.

This marks a significant fall from the ₹100.28/kg price discovered in the 2024 H2Global auction, reflecting growing maturity and competitiveness in India’s green hydrogen ecosystem.

Massive Procurement for Fertiliser Sector

The auction covers the supply of 75,000 metric tonnes per annum (MTPA) of Green Ammonia to Paradeep Phosphates Limited, Odisha. It is the first in a planned series of 13 auctions, part of a larger tender to procure 7.24 lakh MTPA of Green Ammonia across the country.

The discovered price, equivalent to around USD 641 per metric tonne, now undercuts the global Grey Ammonia price of USD 515/MT as of March 2025, offering a highly competitive 10-year fixed-rate supply for offtakers. This development provides strong economic incentives for industries to shift to cleaner alternatives.

Boosting Confidence Across Value Chain

SECI has acted as the intermediary procurer in this auction, operating under the guidance of the Ministry of New and Renewable Energy (MNRE), with key support from the Department of Fertilizers and participating buyers.

The auction witnessed intense competition, signaling robust confidence from investors and developers in India’s green hydrogen roadmap. The availability of strong payment security mechanisms further enhances the scheme’s credibility and investor appeal.

Strengthening India’s Green Hydrogen Push

This auction milestone marks a turning point in India’s journey toward becoming a global leader in Green Hydrogen and its derivatives. The aggressive price discovery will catalyse the transition to clean energy across sectors, particularly fertilizers, refining, and shipping.

With more auctions on the horizon, the government is aiming to rapidly scale up domestic production, reduce dependence on fossil fuels, and strengthen the economic viability of green energy.

About SECI

The Solar Energy Corporation of India (SECI) is the nodal agency under the Ministry of New and Renewable Energy (MNRE), responsible for implementing renewable energy schemes, including solar, wind, and green hydrogen initiatives. SECI plays a key role in auctioning and project facilitation to accelerate India’s transition to sustainable energy.

Also Read: NTPC REL Clinches Entire 70K MTPA SECI Green Ammonia Bid Under National Hydrogen Mission


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Karnataka-govt-announces-state-wide-close-down-for-14-days
Karnataka Govt Transfers 6 IAS Officers; Munish Moudgil Appointed Principal Secretary in CMO
IAS Officers Indian Administrative Services
UP High Court Imposes ₹5,000 Fine Each on Two IAS Officers, Orders Personal Payment for Non-Compliance
psuwatch_import_wp-content_uploads_2022_02_RBI-recruitment-2019
Who Is Swaminathan Janakiraman? Former SBI MD Re-Appointed as RBI Deputy Governor for Two More Years
MP CM Bhagwat Kathy
‘Listening to Bhagwat Katha Dispels Sorrows and Suffering’: CM Mohan Yadav Announces Shri Krishna Tirth Projects in MP
Madras High Court Judges Appointment
Madras High Court Questions PIL Challenging Promotion of 7 IAS Officers to Chief Secretary Grade
Indian Freedom Movement Was a Massive Ideological Incubator, Says Kerala IAS Officer Raju Narayana Swamy at Mahe
Indian Freedom Movement Was a Massive Ideological Incubator, Says Kerala IAS Officer Raju Narayana Swamy at Mahe
Meet Major Abhilasha Barak
Meet Major Abhilasha Barak: India’s First Woman Combat Aviator Wins Prestigious UN Military Gender Advocate Award, PM Modi Hails
N Prasanth and B Ashok
Suspension of IAS Officers N Prasanth and B Ashok Revoked by Kerala Government; Set to Return to Service
ADVERTISEMENT
ADVERTISEMENT
Videos
ajay suri
When The Entire Film Crew Was At The Mercy of King Cobra
Manisha Khatri
How IAS Officer Manisha Khatri IS Turning Nashik Kumbh 2027 Into A Digital Mega City
Vikas Vaibhav
How IPS Officer Vikas Vaibhav Turned a Dream Into Bihar’s Biggest Youth Movement
ADVERTISEMENT
UPSC Stories
IFS Akshat Singhal
Cracked UPSC CSE, IFS and Engineering Services: The Inspiring Journey of Akshat Singhal While Balancing a Full-Time Job
Rajasthan's Akshat Singhal Balanced a Demanding Government Job, Multiple UPSC Attempts and Personal Sacrifices...
Bhoomika Jain UPSC CSE 2025
A First for Generations: Bhoomika Jain Clears UPSC CSE 2025 After Two Failed Attempts
Bhoomika Jain from Satna secured AIR 331 in CSE 2025 after clearing the exam in her third attempt. Read...
devangi meena
Devangi Meena: The UPSC Candidate Who Stopped Studying to Start Understanding Herself
After failing to clear Prelims three times, Devangi Meena transformed her approach, conquered self-doubt,...
CSR NEWS
NTPL
NTPL Signs ₹2.97 Crore CSR MoU with Gandhigram Rural Institute to Establish Gandhi Museum in Tamil Nadu
Project aims to preserve Mahatma Gandhi’s legacy through education, research, and heritage conservation...
NCL
NCL Signs ₹25 Lakh MoU with Singrauli Administration for Jal Ganga Sanvardhan Abhiyan Water Conservation Project
CSR initiative to build three ponds in Chitrangi block aims to boost groundwater recharge, irrigation...
DVC
DVC Donates 2 Ambulances in Koderma to Boost Rural Emergency Healthcare Services Under CSR Initiative
In collaboration with NGO Pehchan, Damodar Valley Corporation strengthens healthcare access in Jharkhand...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Karnataka-govt-announces-state-wide-close-down-for-14-days
Karnataka Govt Transfers 6 IAS Officers; Munish Moudgil Appointed Principal Secretary in CMO
Asiatic Lions Death Gir Gujarat
Heat, Vigilance and Survival: How Gujarat’s Forest Team Prevented a Bigger Crisis After Asiatic Lion Cub Deaths in Gir
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
ajay suri
Manisha Khatri
Vikas Vaibhav
ADVERTISEMENT
ADVERTISEMENT