Hynfra and JK Srivastava Group to build $4-B green hydrogen and ammonia hub in India
JK Srivastava Hynfra (JKSH), a joint venture between Hynfra and the JK Srivastava Group, has signed a memorandum of understanding with NREDCAP, the state renewable energy agency of Andhra Pradesh. The partnership will develop a large-scale facility near the port of Visakhapatnam, aiming to produce up to 1 MMtpy of green ammonia per year and install 3 GW of renewable energy capacity.
The total investment is expected to reach ₹35,000 crore ($ 4 B), with operations planned to begin in early 2029. The facility will be fully powered by solar and wind energy, supported by battery storage and advanced energy management systems.
A significant share of the green ammonia will be exported to Japan, South Korea and Taiwan, where it will help decarbonize power generation through co-firing with coal. The rest will be used within India across the fertilizer, power, transport and digital infrastructure sectors.
The signed agreement is held by (from left): N. Chandrababu Naidu, Chief Minister of Andhra Pradesh, and Dr. J.K. Srivastava, Chairman and Managing Director of JKSH.
“This agreement formalizes our cooperation with the Government of Andhra Pradesh and marks the beginning of one of the largest green ammonia projects in the Asia-Pacific region,” said JK Srivastava Chairman and Managing Director of JKSH. “Thanks to its scalability and reliance on clean energy, this project positions India as a key supplier of next-generation strategic energy carriers.”
Tomoho Umeda, Board Member of JKSH and President of Hynfra, commented: “This project combines over a century of expertise in chemical synthesis with India’s ambitious energy vision in a project that addresses urgent global market needs. Our goal is to create a platform for green hydrogen and its derivatives that meets the most demanding international standards, including RFNBO certification.”
The project will also serve as the central export hub within Andhra Pradesh’s planned Green Hydrogen Valley, an integrated cluster for renewable hydrogen production, storage, transport and export.
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