In a landmark move under the National Green Hydrogen Mission, SECI has successfully conducted its first-ever auction for the procurement of Green Ammonia under the SIGHT Scheme (Mode-2A), achieving a record-low price discovery of ₹55.75 per kg.
This pioneering auction secures the annual supply of 75,000 metric tonnes of Green Ammonia to Paradeep Phosphates Limited in Odisha. It marks the beginning of a planned series of 13 auctions to be held in the coming month, as part of a broader tender aimed at procuring a total of 7.24 lakh metric tonnes per year.
The discovered price translates to approximately USD 641/MT, a substantial drop from the previously discovered price of ₹100.28/kg (USD 1,153/MT) in the H2Global auction in 2024. With Grey Ammonia prices reaching USD 515/MT (as of March 2025), this 10-year fixed-price bid provides strong economic rationale for offtakers to initiate their clean energy transition journey.
SECI, acting as the intermediary procurer, has successfully anchored the auction under the guidance of the Ministry of New & Renewable Energy (MNRE), with steadfast support from the Department of Fertilizers and the participating offtakers.
This price discovery marks a watershed moment in India’s Green Hydrogen journey and reinforces the country’s vision of becoming a global hub for Green Hydrogen production. The auction witnessed intense competition, reflecting the strong investor and developer confidence in India’s green energy transition framework.
