- Record low price of
5.75/kg found in the first Green Ammonia auction under the SIGHT scheme.
- 75,000 MT per year Green Ammonia contracted for 10 years with Paradeep Phosphates Limited.
- 13 more auctions planned under SIGHT scheme promising more market chances and investor confidence.
SIGHT scheme under the National Green Hydrogen Mission recently reached a big step by finding a record low price of 5.75 per kg for Green Ammonia. This important achievement not only moves India’s clean energy goals forward but also sets a new standard for sustainable fuel pricing. The price point and auction details matter a lot for those involved in green energy, investors, and producers interested in the growing Indian renewable energy field.
Why the Record Low
5.75/kg Price in Green Ammonia Auctions Matters – The new price per kilogram is a key moment in India’s clean fuel progress. At 5.75/kg, the rate makes Green Ammonia more affordable, encouraging buyers to choose green options over traditional fuels. This price shows a positive change in India’s move toward sustainability and proves the success of the SIGHT scheme as part of the national renewable energy plan.
Details of the First Green Ammonia Auction under SIGHT Scheme
The first auction, run by the Solar Energy Corporation of India (SECI) for the Ministry of New & Renewable Energy (MNRE), contracted the supply of 75,000 metric tonnes per year of Green Ammonia. Paradeep Phosphates Limited in Odisha was the buyer for this 10-year fixed-price deal, starting a series of 13 auctions aiming for a total procurement of 724,000 MT each year.
Comparing with Previous Green Ammonia Price Benchmarks
This 5.75 per kg price equals about USD 641 per metric tonne, much lower than the previous record of 100.28/kg (USD 1,153/MT) set during the H2Global auction in 2024. While Grey Ammonia prices were USD 515/MT as of March 2025, the SIGHT scheme’s sustainable pricing offers a strong reason to switch to cleaner energy sources.
Role of SECI and MNRE in Running the Auction and Support
SECI handled the auction as the main buyer, working under MNRE’s guidance with active support from the Department of Fertilizers. This teamwork made sure processes were clear, smooth, and payments secure, building trust among investors and producers, which is very important for growing the Green Ammonia sector well.
Effect on Green Energy Investors and Producers
This important auction result increases investor confidence by showing good prices and lowering risks through payment security. It encourages builders and manufacturers to increase production capacity, fitting with government goals to grow green hydrogen and ammonia markets. The affordable pricing and institutional support create a great chance for innovation and growth in clean fuel technology.
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What’s Next: 13 More Auctions and Market Potential
There is a promising plan of 13 more auctions under the SIGHT scheme, aiming for over 7.24 lakh metric tonnes of Green Ammonia procurement every year. This is a huge chance for those involved to take part, increase production, and strengthen India’s place as a leader in global green energy.
| Parameter | Details |
|---|---|
| Auction Date | August 6, 2025 |
| Contract Duration | 10 years fixed-price |
| Quantity Approved | 75,000 Metric Tonnes per year |
| Offtaker | Paradeep Phosphates Limited, Odisha |
| Discovered Price | 5.75 per kg (USD 641/MT) |
| Upcoming Auctions | 13 auctions planned totaling 7.24 lakh MT each year |
| Official Links | MNRE Official Site, SECI Official Site |
With this foundation, the SIGHT scheme strengthens its role as a key player in India’s green energy future, giving you and others an exciting path toward cleaner fuels and a sustainable environment.