Gentari Sdn Bhd, via its wholly-owned subsidiary Gentari International Renewables Pte Ltd, has entered into an agreement with AM Green BV (AM Green) to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings BV (AMG Ammonia). AMG Ammonia is established by the founders of Greenko, one of India’s leading renewable energy companies. An affiliate of Singapore investment entity, GIC, is also an investor in AMG Ammonia.

AMG Ammonia is projected to produce 5 MMtpy of green ammonia using round-the-clock renewable energy by 2030. The platform aims to deliver green ammonia, as it is presently the most mature and stable form of transporting H₂.

The 5 MMtpy of green ammonia produced is equivalent to approximately 1 MMtpy of green H₂ and would represent 20% of India’s target for green H₂ production by 2030, or 10% of Europe’s target for imported renewable H₂. This size and capacity will place AMG Ammonia among the world’s pioneers in large-scale and cost-competitive green ammonia production. The first export of green ammonia from this platform is targeted by late 2025, and aims to serve key OECD markets, such as Germany, Japan and South Korea, as well as Singapore.

Gentari and AM Green both bring complementary capabilities across the green H₂ value chain, including renewable energy, electrolysers and ammonia production and marketing capabilities. The parties will mutually invest in AMG Ammonia, demonstrating full commitment to realize the platform’s potential and expand their presence in Asia Pacific and Europe. Post-investment from Gentari, AM Green and GIC, AMG Ammonia will be a fully funded platform for the targeted ammonia production plan. The platform is expected to invest, in phases, into projects across different locations in India. This will ensure competitive supply of H₂ to the global market and will be key for manufacturing and exporting green H₂ in the region.

For Gentari, strong collaborations in its focus market of Malaysia and the broader Asia Pacific, will be vital to delivering its global ambition of up to 1.2 MMtpy in clean H₂ by 2030. In Malaysia, the company sees strong potential for developing a local H₂ economy. To this end, Gentari has undertaken efforts to position Malaysia as a H₂ export hub whereby its H₂ ventures will support a comprehensive national roadmap that includes H₂ as an energy transition lever for Malaysia.

These efforts include working with Sarawak’s SEDC Energy Sdn Bhd to jointly explore the state’s potential as a green H₂ production hub. At the same time, Gentari is also collaborating with PETRONAS and Tenaga Nasional Berhad to advance studies on green H₂ development in Kerteh, Terengganu and Pengerang, Johor towards the creation of a H₂ economy in Malaysia.

Sushil Purohit, Chief Executive Officer of Gentari said, “As Gentari expands our portfolio of clean energy solutions in Malaysia, Asia Pacific and beyond, we believe in the critical importance of industry-level collaborations that combine complementary strengths and unlock synergies. This partnership with AM Green and GIC is a testament to our commitment in accelerating green H₂ adoption globally, to make an impact in the pursuit of a net zero future. In OECD, Southeast and East Asian economies, green ammonia will address the decarbonization of industries such as power generation, through co-firing, as well as shipping.”

Anil Chalamalasetty, Founder, Greenko Group and AM Green said, “We are delighted to partner with Gentari and GIC, to venture into the global low carbon green economy. The commitment from Gentari and GIC underpins Prime Minister Modi’s vision for India to become a leader in global energy transition. This strategic partnership will work to accelerate net-zero targets of various industries and several OECD economies. Continuous focus on innovation combined with execution will ensure our venture, AM Green, remains ahead of others in becoming a global clean energy transition solutions platform.”