India's AM Green Kakinada Cluster has announced that it has joined the World Economic Forum’s (WEF) “Transitioning Industrial Clusters Initiative” aimed at improving collaboration and developing a shared vision among co-located companies and public institutions to drive economic growth, employment, and reduce carbon dioxide equivalent emissions.
By joining the WEF Transitioning Industrial Clusters initiative, AM Green Kakinada Cluster aims to “send out a strong message on the importance of a collective approach towards global industrial decarbonization and create an integrated green industrial ecosystem that will maximize economic, social, and environmental outcomes in India.”
Global Decarbonisation Solutions at Scale and Speed are the need of the day to bring the new vision of global energy transition to life. We believe that this is a wonderful opportunity and a challenge that we have been working tirelessly for over the past many years. We look forward to engaging with the WEF initiative and to fulfilling the Cluster Transition Goals. Additionally, as a member of the Transitioning Industrial Cluster Initiative, AM Green Kakinada Cluster will aim to support global work on decarbonization clusters and look to share its knowledge and development work with the Forum and imbibe the best practices from other forum clusters, said Anil Chalamalasetty, Chairman of AM Green.
With over US$3 billion initial investment, the cluster is expected to create over 10,000 direct and indirect jobs, boosting local and national economies, while supporting industries like construction, equipment manufacturing, and housing.
We are pleased to welcome the AM Green Kakinada Cluster to our global network of 25 industrial clusters, marking an important step for India’s energy transition. With Andhra Pradesh’s renewable resources, the Kakinada Cluster has the potential to advance green ammonia and hydrogen production regionally. As part of the Transitioning Industrial Clusters community, AM Green Kakinada will have the opportunity to share insights and contribute to the collective progress in industrial decarbonization, said Roberto Bocca, Head of the Centre for Energy and Materials and Member of the Executive Committee at the World Economic Forum.
Position India as a key green economy player
AM Green is developing one of the world’s largest green ammonia platforms, achieving 5 million tonnes per annum (MPTA) by 2030, and supporting its efforts to achieve net zero targets both in India and OECD markets.
This output will be equivalent to approximately 1 MTPA of green hydrogen, accounting for one-fifth of India’s target for green hydrogen production under the National Green Hydrogen Mission and 10 percent of Europe’s target for green hydrogen imports.
AM Green aims to provide global industrial decarbonization solutions through this key Green Industrial Cluster in Kakinada, Andhra Pradesh, positioning India as a key player in the global decarbonization and energy transition efforts.
The cluster will be a zero-emission facility producing essential green molecules for energy transition, including green ammonia, green hydrogen, sustainable aviation fuel (SAF), green olefins, green caustic soda, and e-methanol, for decarbonization in hard-to-abate industries.
Significant upstream ecosystem investments
Overall some US$15 billion of upstream ecosystem investments are part of the functions of the AM Green Kakinada Cluster.
Furthermore, the projected production emissions at the commencement of cluster operations in 2026 are zero carbon dioxide equivalents (CO2eq).
Starting with a production capacity of 1 MTPA of green ammonia, the Kakinada cluster will also include a 2 GW electrolyzer manufacturing plant, and other green molecule production facilities ensuring a robust supply chain for equipment.
The cluster will be powered by 24/7 carbon-free energy enabled through pumped storage projects and offer integrated utilities like green steam, desalinated water, and effluent treatment facilities.
