, Middle East
118 views

ACME Group, Scatec to develop green ammonia facility in Oman

The facility is expected to produce 100,000 tonnes of green ammonia annually.

India-based ACME Group and Norway-based Scatec signed an agreement to invest in the development and operation of a large-scale green ammonia facility in Oman.

In a statement, ACME said the first phase of the facility project, which is a 50-50 joint venture, is expected to produce 100,000 tonnes of green ammonia yearly.

This will be expanded to 1.2 million tonnes per annum with around 3.5 gigawatts (GW) of electrolyser capacity which will be powered by 5.5GW-peak of the solar plant.

The facility will be located in the Duqm Special Economic Zone of Oman.

Overall schedule of the project is still in the works, according to ACME Group, adding that the two firms are in advanced discussion with reputable off-takers for 20 to 25-year contracts for the financing of the project which is expected to be funded through equity and project finance debt.

Follow the links for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!