TrueRE Oriana Power has signed a long-term Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India (SECI). The agreement entails a contracted supply of 60,000 tonnes per annum at a discovered price of INR 52.25 per kg, with a total contract value of approximately INR 3,135-crore over a period of 10 years. The corresponding Green Ammonia Sale Agreement (GASA) has also been executed between SECI and Madhya Bharat Agro Products Limited, the end-offtaker.
TrueRE Oriana Power had received the Letter of Award
(LoA) for the project in August 2025 under the Strategic Interventions for
Green Hydrogen Transition (SIGHT) programme. The agreement was formalised on
March 30, 2026, at a signing ceremony held at Atal Akshay Urja Bhawan, New
Delhi, under the aegis of the Ministry of New and Renewable Energy (MNRE).
The project, located in Sagar, Madhya Pradesh, will
be developed by TrueRE Oriana Power. The company will be responsible for
end-to-end execution, including development, approvals, and land-related
clearances.
L- R: Pankaj Ostwal, Managing Director, Madhya
Bharat Agro Pvt. Ltd.; Sanjay Sharma, Director, SECI; and, Anirudh Saraswat,
Founder and CBO, TrueRE Oriana Power.