News

TrueRE Oriana Power, SECI Ink Rs. 3,135 Cr Green Ammonia Pact

TrueRE Oriana Power an integrated  renewable energy company signed a long-term Green Ammonia Purchase Agreement (GAPA) with Solar Energy  Corporation of India (SECI).  In a press release, TrueRE Oriana Power , said the latest agreement entails a 60,000 tonnes /annum contracted supply which was a discovered at price of ₹52.25/kg. It had a total contract value of  approximately Rs. 3,135 crore over a period of 10 years.

The project, located in Sagar, Madhya Pradesh, will be developed by TrueRE Oriana  Power. The company will be responsible for end-to-end execution, including  development, approvals, and land-related clearances.  The corresponding Green Ammonia  Sale Agreement (GASA) has also been executed between SECI and Madhya Bharat Agro  Products Limited, the end-offtaker.  TrueRE Oriana Power had received the Letter of Award (LoA) for the project in August 2025  under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. The  agreement was formalised on March 30, 2026, at a signing ceremony held at Atal Akshay  Urja Bhawan, New Delhi, under the Ministry of New and Renewable Energy (MNRE).

About The Agreement

With this project, TrueRE Oriana Power expands its integrated energy  portfolio, extending beyond renewable power generation into emerging green fuels, and  reinforcing its position as a long-term player in India’s clean energy transition.

The singing ceremony was attended by Pralhad Joshi,Union Minister for New and  Renewable Energy, Shri J. P. Nadda, Union Minister for Chemicals and Fertilizers and  Shri Shripad Yesso Naik, Minister of State for New and Renewable Energy, Mr.  Anirudh Saraswat, Founder and CBO, TrueRE Oriana Power, along with senior officials  from MNRE, the Department of Fertilisers, and industry stakeholders.

Commenting on the development, Mr Anirudh Saraswat, Founder and CBO, TrueRE  Oriana Power, said: “This agreement marks a key step in translating policy intent into  execution. Long-term offtake visibility is critical to scaling green hydrogen and its  derivatives, and this framework enables us to move forward with confidence on project  delivery. For us, this is also bigger than a single project — green ammonia has the  potential to strengthen India’s energy security by reducing dependence on imported  fossil-based feedstocks used in sectors such as fertilisers. Every tonne produced  domestically contributes to building greater energy self-reliance. As the ecosystem  evolves, such long-term arrangements will play an important role in accelerating  adoption across industrial sectors. At TrueRE Oriana Power, we remain committed to  delivering integrated renewable energy solutions and contributing to India’s clean  energy transition.”

Chitrika

Recent Posts

Poverty May Pose a Greater Threat to Biodiversity Than Policy Gaps: ISB Research

A new study led by researchers from the Indian School of Business (ISB) has highlighted…

3 days ago

Rajasthan, Gujarat and Tamil Nadu Emerge as India’s Top Green Job Destinations: IPE Study

A new study by IPE Global has warned that the ongoing West Asia crisis could…

5 days ago

Spray Engineering Devices Ltd (SED) secures Rs 150 crore from Centre to build 2G ethanol facility in Uttar Pradesh

Spray Engineering Devices Ltd (SED) has announced to have secured approval for Rs 150 crore…

5 days ago

Srichakra Polyplast sets-up two recycling facilities with Germany’s Lindner Washtech

Hyderabad based plastic recycling pioneers Srichakra Polyplast has announced to have strengthened its recycling capabilities…

5 days ago

Siyaram Recycling secures $426,000 export order for ‘Brass Billets’

Delhi based Siyaram Recycling Industries Ltd has secured an export order valued at $426,000 from…

5 days ago

IIT Madras extracts valuable metals from e-waste with new technology

Researchers at IIT Madras have designed and developed an indigenous pilot plant capable of processing…

5 days ago