Schedule a Call Back
Adani forms JV with Kowa for Green Ammonia and Hydrogen Marketing
Industry News- Sep 12,23
Adani Global Pte Ltd, Singapore, a step-down wholly-owned subsidiary of (Adani Enterprises Ltd) has signed a joint venture agreement with Kowa Holdings Asia Pte Ltd, Singapore on September 8.
Billionaire Gautam Adani's group said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate.
"Adani Global Pte Ltd, Singapore, a step-down wholly-owned subsidiary of (Adani Enterprises Ltd) has signed a joint venture agreement with Kowa Holdings Asia Pte Ltd, Singapore on September 8," the Adani group flagship firm said in a stock exchange filing.
Adani Group is investing multi-billion dollars in setting up facilities to produce green ammonia and green hydrogen from water.
"Joint venture agreement records the terms of incorporation of a joint venture company in Singapore in accordance with the terms of the agreement for the sales and marketing of green ammonia, green hydrogen and its derivatives produced and supplied by Adani Group, in the agreed territory," it said.
Adani and Kowa will hold a 50 per cent stake each in the joint venture. No other details were provided by the group.
Source: PTI
Adani
Kowa
joint venture
green ammonia
green hydrogen
Singapore
Adani Enterprises Ltd
Kowa Holdings Asia Pte Ltd
Related Stories
Auto & Auto Components
DG Innovate sign joint venture with EVage Motors to enter domestic EV space
UK-based advanced R&D firm DG Innovate announced its entry into the domestic electric vehicle space with electric commercial vehicle startup EVage Motors.
Read moreProcess Equipment
INOX Air Products and Asahi India Glass sign 20-year MoU for Green Hydrogen
The company stated that this will be India's first-ever green hydrogen plant for the float glass industry
Read moreProcess Equipment
Loop Industries signs joint venture with Ester for India production facility
The India facility will leverage the Infinite Loop technology and existing engineering package which accelerates the lead-time towards ground-breaking, slated to occur by the end of this year.
Read moreRelated Products
Kusam-meco Thermal Imaging Camera
Electric Power Generation and Related Equipment
Kusam Electrical Industries Ltd offers a wide range of Kusam-Meco” Thermal Imaging Camera - Model TG-305
Kusam-meco Industrial Infrared Thermometer
Electric Power Generation and Related Equipment
KUSAM-MECO has introduced a low cost low range Infrared Thermometer model IRL-180. It is suitable for both industrial & Human Body Temperature measurement. It is suitable for use in places wher Read more
Solar Photovoltaic Street Lighting System
Electric Power Generation and Related Equipment
Freesun Energy offers a wide range of solar photovoltaic street lighting system.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
