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Adani forms JV for marketing of green hydrogen in Japan

  • Staff Correspondent
  • 18 September, 2023 12:00 AM
  • Print news
Adani forms JV for marketing of green hydrogen in Japan

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Adani Global Pte Limited, Singapore has announced a 50:50 joint venture (JV) with Kowa Holdings Asia Pte Ltd for sales and marketing of green ammonia, green hydrogen and its derivatives.

The JV will concentrate on marketing of products in Japan, Taiwan and Hawaii, said a press release.

The JV with Kowa for green hydrogen marketing is a natural and strategic extension of Adani Group’s long-standing marketing and trading relationship with Kowa, it said. 

Adani New Industries Limited (ANIL), the green hydrogen platform of Adani Group is developing end-to-end solutions to produce globally competitive green hydrogen and its associated sustainable derivatives at scale.

The first project of Adani New Industries Limited (ANIL) of 1 million metric tonnes per annum (MMTPA) green hydrogen is being implemented in phases in Gujarat. The initial phase is expected to start production by FY 2027.

The combined strength of Adani Group’s experience in renewable equipment manufacturing, setting up large scale generation projects, building grid infrastructure, and proven project execution capabilities gives it a significant competitive advantage while building the green hydrogen ecosystem in India.