ADB, Japan Back AM Green’s Renewable Ammonia Plant in Kakinada
The Asian Development Bank and Japan have backed AM Green’s renewable ammonia project in Kakinada with financing that includes a $100 million loan from Asia’s Private Infrastructure Fund 2, which is financed by JICA and administered by ADB. The deal underscores growing international support for India’s green industrial buildout, particularly in hard-to-abate sectors such as ammonia and fertiliser-linked supply chains.
