ACME Wins SECI Bid To Supply 100,000 TPA Green Ammonia

22 Aug 2025 CW Team

ACME Cleantech Solutions has secured Solar Energy Corporation of India’s (SECI) auction to supply 100,000 tonnes per annum (TPA) of green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme, Mode-2A-Tranche-I.

ACME quoted a tariff of Rs 54.73 per kg to win the auction, slightly higher than the Rs 51.89 per kg tariff it previously bid in an earlier SECI tender. The green ammonia will be supplied for a period of ten years to the Indian Farmers Fertiliser Cooperative (IFFCO) at Kandla, Gujarat.

The tender, initially floated in June 2024 and later amended, requires ACME to establish production facilities, identify and acquire land, secure approvals and permits, and manage all logistics for production, storage, and delivery to SECI’s designated point. The awarded capacity must be produced and supplied directly, with no trading or arbitrage allowed, though ACME may source up to 10 per cent of annual capacity from third parties.

The green ammonia can be produced using renewable energy from co-located or remotely located projects, either owned by ACME or a third party, or procured from power exchanges.

Earlier, ACME won SECI’s auction to supply 75,000 TPA of green ammonia annually to Paradeep Phosphates in Odisha at a tariff of Rs 55.7 per kg for ten years.

The development comes under the government’s National Green Hydrogen Mission, launched in 2023 with an initial outlay of Rs 197.44 billion. Of this, Rs 174.9 billion has been allocated to the SIGHT programme, with the remainder directed towards pilot projects, R&D, and other mission components.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..