India’s ACME Group, a pioneer in the clean tech sector such as solar, green hydrogen, and ammonia development; Scatec ASA, a Norway-based renewable power producer; and Yara International ASA, Oslo, have signed a term sheet for offtake from the first phase of a green ammonia plant in Oman.
According to a statement by Yara, ACME and Scatec will begin developing the first phase of the project over 12 km2 of land to produce 100,000 mt/y of green ammonia in the Special Economic Zone at Duqm. Once fully developed, a second phase will be added, and the project is expected to produce up to 1.1 million mt/y of green ammonia.
The parties have agreed to the principal terms for offtake of 100,000 mt annually of green ammonia in a first phase, and potential further offtake from the project’s second phase as this develops.