JSW Steel says that it has signed a memorandum of understanding with Bharatia and Carbon Iceland International to develop a 300,000 t/a green methanol facility. The plant will capture carbon dioxide emissions from JSW Steel’s existing Raigad facility in Maharashtra state, and combine them with hydrogen produced from water electrolysis using renewable electricity. Under the […]
The International Finance Corporation, Siemens Financial Services and Fullerton Carbon Action Fund have signed definitive agreements for a total equity investment of $105 million in Hygenco Green Energies. The investment will support the development of multiple commercial green hydrogen projects which Hygenco aims to deliver as part of India’s National Green Hydrogen Mission. Hygenco broke […]
Uniper Global Commodities has signed a long-term binding offtake agreement with AM Green Ammonia India for up to 500,000 t/a of renewable ammonia certified as a Renewable Fuel of Non-Biological Origin (RFNBO). The agreement, the first of its kind for an Indian company, was signed by Michael Lewis CBE, CEO of Uniper, and Anil Kumar […]
L&T Energy Hydrocarbon Onshore has won a “significant” EPC contract from Bharat Coal Gasification and Chemicals Ltd (BCGCL) for a coal to ammonium nitrate complex in Odisha, India, with Casale now confirming its role as ammonia technology provider on the same project. L&T will deliver the lump sum turnkey Package 3 ammonia synthesis unit, while […]
Strait of Hormuz disruptions linked to the Iran war have choked off fertilizer shipments from the Middle East and pushed prices sharply higher, prompting a wave of emergency support and trade measures as governments try to shield farmers ahead of key planting seasons.
India's cabinet approved a proposal to spend $4.49 billion to subsidise phosphate and potassium fertilizers for the Kharif 2026 season, according to an 8 April government statement. The allocation represents an increase of approximately $460 million over the Kharif 2025 season budget, reflecting adjustments for recent trends in international prices of fertilizers and inputs including urea, DAP, MOP, and sulphur.
India is said to be considering a proposal to restrict sulphur exports after industry lobby groups raised concerns about soaring prices and disruption to supplies from the Gulf, according to local news reports. Export restrictions could add to upward pressure on global sulphur prices, as supplies from the Middle East are disrupted by the Iran war and with China also set to restrict sulphuric acid exports from next month. India exported 800,000 tonnes of sulphur in 2025.
Indian renewable energy developer InSolare Energy, in consortium with SCC Infrastructure, says that it has signed Green Ammonia Purchase Agreements (GAPA) with the Solar Energy Corporation of India (SECI) for the supply of 85,000 t/a of green ammonia under India’s National Green Hydrogen Mission 13 April. The agreements, executed through two separate special purpose vehicles, involve a total estimated investment of around $400 million, InSolare said in a statement.
India’s urea industry was running at approximately half capacity after force majeure declarations disrupted LNG flows through the Strait of Hormuz amid escalating Middle East tensions, according to local press reports. Petronet LNG Ltd, which operates India’s largest liquefied natural gas receiving terminal, declared force majeure after upstream suppliers cited their inability to deliver contracted volumes amid disruptions to cargoes transiting the Strait. The move triggered supply curtailments by state-owned gas distributors GAIL (India) Ltd, Indian Oil Corporation Ltd (IOC) and Bharat Petroleum Corporation Ltd (BPCL), which supply gas under RasGas contracts to fertiliser units across the country.
The Government of Assam has approved a fiscal incentive package for the development of an industrial scale biomethanol facility at an estimated cost of $1.2 billion. Project developer Novel Biofuels is working in partnership with infrastructure company ACTUAL on the project, which will produce 1.4 million litres/day (1,100 t/d) of high-purity biomethanol from sustainably harvested bamboo sourced from Assam’s smallholder farming communities. It is expected to be commissioned by 2030, with site development and supply chain buildout commencing in 2026.