State-owned Solar Energy Corporation of India (SECI) has announced a 36% increase in the size of bids it is requesting for green ammonia. The decision was announced two weeks after the tender’s initial launch due to higher-than-expected demand for the green ammonia product (GM June 21, p. 25).
The original bid program was based on cost-based competitive bidding under the SIGHT program implemented by the Ministry of New and Renewable Energy. The program originally invited bids for up to 550,000 mt/y but is now increasing that amount by 200,000 mt/y.
In the program, ten-year supply contracts will be allocated via a reverse auction. Green ammonia producers will compete to supply the volumes for the lowest price. Winning bids will also be awarded a three-year subsidy worth up to $0.11 per kg of ammonia. The green ammonia is expected to be split across 11 different delivery points at existing fertilizer plants along India’s east and west coasts.