ReferIndia News ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia project

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ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia project

Published on: July 1, 2026, 12:37 a.m. | Source: The Economic Times

A significant boost for India's green energy ambitions! ACME Group's joint venture with Japan's IHI Corporation has secured a massive $5 billion in Japanese government price support. This funding is earmarked for two key clean energy initiatives, including one of India's largest green ammonia projects in Odisha. This development marks a crucial step towards decarbonising vital industrial sectors.

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