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

Recove inks Rs 500 crore deal with Maharashtra Govt for HDPE/PP recycling

Recove Ventures Private Limited, a B2B circular economy firm focused on strengthening India’s plastic recycling…

1 day ago

LICO Materials secures funds under critical mineral recycling program

Lithium-ion battery recycling and refurbishing firm LICO Materials has secured a Rs 25 crore grant…

1 day ago

IFGE commends Maharashtra CBG Policy-2026

The Indian Federation of Green Energy (IFGE) has praised Maharashtra’s Compressed Biogas (CBG) Policy 2026,…

3 days ago

Bayer, bp to scale camelina crop for biofuels

Bayer and bp have entered a long-term strategic alliance to jointly scale the crop camelina,…

3 days ago

AI to arrest mounting Delhi air pollution

The Delhi government is set to examine the use of artificial intelligence (AI) to monitor,…

3 days ago

Ameresco, HASI form Neogenyx Fuels to bolster advanced biofuels in America

American energy infrastructure conglomerate Ameresco and sustainability investor HA Sustainable Infrastructure Capital have agreed to…

3 days ago