TrueRE Oriana Power Signs ₹3,135 Crore Green Ammonia Offtake Agreement with SECI

TrueRE Oriana Power Signs ₹3,135 Crore Green Ammonia Offtake Agreement with SECI

TrueRE Oriana Power Signs ₹3,135 Crore Green Ammonia Offtake Agreement with SECI​

New Delhi, March 31, 2026: TrueRE Oriana Power has signed a long-term Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India (SECI) under the National Green Hydrogen Mission. The agreement entails a contracted supply of 60,000 tonnes per annum at a price of ₹52.25 per kg, with a total contract value of approximately ₹3,135 crore over a period of 10 years. A corresponding Green Ammonia Sale Agreement (GASA) has been executed between SECI and Madhya Bharat Agro Products Limited.

TrueRE Oriana Power received the Letter of Award (LoA) for the project in August 2025 under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. The agreement was formalised on March 30, 2026, at Atal Akshay Urja Bhawan, New Delhi.

The project, located in Sagar, Madhya Pradesh, will be developed by TrueRE Oriana Power, which will be responsible for end-to-end execution, including development, approvals, and land-related clearances.

According to Mr. Anirudh Saraswat, Founder and CBO, TrueRE Oriana Power, the agreement marks a key step in translating policy intent into execution and long-term offtake visibility is critical to scaling green hydrogen. He stated that green ammonia has the potential to strengthen India's energy security by reducing dependence on imported fossil-based feedstocks.

With this project, TrueRE Oriana Power expands its integrated energy portfolio into green fuels, reinforcing its position in India's clean energy transition. TrueRE Oriana Power is a renewable energy platform delivering clean-energy solutions across the value chain. Founded in 2013 and headquartered in Noida, India, the company has approximately 1 GW of solar capacity commissioned and under construction.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Back
Top